When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR filing can be corrected. Under Section 139(5) of the Income Tax Act, 1961, ...
While filing an income tax return, it’s common for taxpayers to miss some details or make small errors such as incorrect ...
I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...
The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ...
Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...
Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...