Income Tax return filing has only 17 days left before the extended deadline ends, and less than half of the total expected returns have been filed for the assessment year (AY) 2025-26. According to ...

Income Tax Return: Filing income tax returns (ITR) is a crucial financial task every year. It is not just a legal obligation but also an important part of handling your finances. For salaried ...

Missed filing your ITR ? The deadline may be over, but the law still gives you a chance to come clean with extra cost. Today's Ask Wallet Wise query decodes how to file the missed return for FY25 The ...

Section 139(8A) now permits filing of ITR-U within 48 months from the end of the assessment year. However, it cannot be used to reduce tax liability, claim refunds, or bypass departmental ...

The National Board of Revenue (NBR) is likely to extend the income tax return deadline by another month to March 31, marking the fourth extension this year.

Tax authorities initiated scrutiny and proposed addition solely because share acquisition details were not properly disclosed in the ITR. The case reinforces that for directors, the ITR functions as a ...