Filed Wrong ITR in 2025? Here’s How to Correct Mistakes Without Paying Penalty Before December 31 The deadline to file Income Tax Returns (ITR) for the financial year 2024–25 (assessment year 2025–26) ...
Taxpayers across the country are increasingly filing incorrect and incomplete ITR forms, this has resulted in triggering ‘defective return’ notices under Section 139(9) of the Income Tax Act over ...
ITR filing season: If you have made a mistake in your ITR then there is a new option called 'Discard ITR'. You can easily make changes by using this option. You can only use this Discard feature only ...
If you missed the deadline to file your Income Tax Return (ITR) or made mistakes in your earlier submission, there’s good ...
The process of filing your income tax return (ITR) is tedious, with the cumbersome paperwork and wieldy calculations making the annual ritual a task that many taxpayers dread. The exercise is ...
Part A of AIS displays general information about you, including PAN, masked Aadhar number, name of the taxpayer, date of birth/ incorporation/ formation, mobile number, e-mail address, and address of ...
The Income Tax Return - Updated (ITR-U) is a new form introduced by the Income Tax Department under Section 139(8A) of the Income Tax Act. It was launched via the Finance Act 2022 and later updated in ...
Missed the ITR filing deadline Don't worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within four years, but remember there is an extra tax. Some changes ...
The Income Tax department has launched a new facility called 'e-filing Lite' portal for quick and easy e-filing of ITR The 'Lite' portal is focussed only on ITR filing Filing of ITR will take less ...
Taxpayers can now file updated income tax returns (ITR-U) in ITR-1 and ITR-2 for the assessment years (AY) 2021-22 and 2022-23 as per the Finance Act, 2025. The Income Tax Department has now made ...