Filing an Income Tax Return can lead to errors, from minor mistakes to significant omissions. Taxpayers can correct these by submitting a revised return, but must verify it within 30 days to avoid ...
Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are not processed by the CPC.
There is a difference between the updated and revised income tax returns, breaking it down for people who are filing their ITRs. (Pexels) ITR Deadline: The government of India's Income Tax (I-T) ...
Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant assessment year under Section 139(5) of the Income Tax Act, 1961.
It’s best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer’s opportunity to receive any ...
Found an error in your tax return and unsure what to do next? Is there any penalty if you correct it by filing a revised ITR before December 31?
Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...
Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via ...
December 31, 2025, marks a decisive cut-off for Indian taxpayers who are yet to regularise their income tax filings for the current assessment year. It is the final day to file both belated and ...
In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank ...
Tax Day is just around the corner and millions of taxpayers have yet to file their tax return. If you’re one of those taxpayers who still needs to file—and you’re not ready—there’s an easy answer: ...