ITR-U lets taxpayers correct errors or disclose missed income. March 31 is key; delay increases extra tax liability. Budget ...
Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...
Missed reporting income or made errors in your ITR? Taxpayers can still correct mistakes using ITR-U. With March 31 ...
Taxpayers filing returns in 2026 will use the old Income Tax Act, 1961. The new Income-tax Act, 2025, takes effect from April ...
Tax experts say reporting gaps often arise due to misunderstanding of disclosure rules, reporting timelines, and the ...
Income tax filing is set to undergo major changes with the introduction of new Income-tax Rules, 2026. The changes include ...