Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...
According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...
Income Tax Refund Update: The last date to file income tax return is 31 December, which is just seven days later. Meanwhile, the income tax department has been sending bulk SMS and emails to some ...
Each taxpayer is supposed to file their income tax return within the time prescribed under section 139(1)/139(4) of the Income Tax Act. However, it may be possible due to any genuine hardship or ...
Taxpayers who discover mistakes or omissions in their original Income Tax Return have specific procedures and deadlines to ...
Any taxpayer who missed the original due date or who has already filed an income tax return (ITR) but later identified any error or omission should file a belated or ...