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ITR Filing 2024-25 Last Date: When is the last date to file income tax return, here is the answer..

ITR Filing 2024-25 Last Date: A last date is approaching for filing Income Tax Return (ITR) for this financial year 2024-25. This is very important for taxpayers to keep in mind. This time, the ...

Revised ITR vs original ITR: What happens after you file a correction

The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some mistakes or omissions.
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Income Tax Returns: What is ITR-U, who can file it and who cannot? From process to penalty - here's all you need to know

Central Board of Direct Taxes (CBDT) has notified ITR-U (updated), a form that allows taxpayers to rectify errors or omissions and file your previous Income Tax Return. ITR (U) was introduced under ...

What legal heirs need to know about filing ITR after a taxpayer’s death

The legal heirs are responsible for filing the return of income from 1st April till the date of death of the deceased and ...

Surge in cyber frauds linked to ITR filing, tax refunds

Indore: As the financial year draws to close and taxpayers start filing their Income Tax Returns, authorities have cautioned ...
Tax Guru

Updated Return After Reassessment Notice Comes With Higher Tax Cost Because Additional 10% Levy Proposed

The Finance Bill 2026 proposes allowing taxpayers to file an Updated Return even after receiving a reassessment notice under Section 148. This move aims to reduce litigation by enabling voluntary ...
Tax Guru

ITR-U: Pensioners 4-Year Compliance Lifeline – A Second Chance to Avoid Notices

AIS analytics now detect non-filers where pension and interest income exist. Voluntary filing through ITR-U helps avoid notices under Sections 142(1) and 148, saving professional costs and compliance ...