The Income Tax Department has made it easier for taxpayers to file rectification applications in certain income tax orders.

The income tax dept has been sending intimations to taxpayers whose returns show discrepancies, asking them to rectify mistakes and submit a revised ITR by the year-end deadline.

Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...

The Income Tax Department has introduced a new online feature on its e-filing portal, allowing taxpayers to directly file rectification requests for specific tax orders with the relevant authority.

If your annual income is less than ₹5 lakh and you file a belated ITR now, you will have to pay a late fee of ₹1000. Those ...

If you think filing your income tax return locks everything in, that is not entirely true. The tax department recognises that ...

Under Indian tax laws, short-term capital losses (STCL) from shares and other capital assets can be used to offset both short ...

When a return is flagged under the risk management framework, the refund does not move forward on its own. If a taxpayer does ...

A revised ITR is filed to correct any mistake in the original ITR. A belated ITR is an original ITR filed if a taxpayer ...

If you filed your original return on time and later spot a mistake, filing a revised ITR before December 31 is usually the ...

The service will be provided on Friday from 2pm to 5pm at the office of the E-Tax Management Unit on the seventh floor of the ...

Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.