Several income tax changes will take effect from April 1, 2026, including new ITR filing deadlines, higher STT rates, an ...
New Delhi: Several important changes in India’s tax system will come into effect from April 1, 2026. The new Income-tax Act, 2025 will replace the Income-tax Act, 1961, which has been in place for ...
Budget 2026 introduces major tax rule changes from April 2026 including the new Income Tax Act 2025, TCS revisions, STT hike, revised ITR deadlines and buyback taxation changes.
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.
A taxpayer should regularly check the email ID registered with the Income Tax Department, as they may have received a ...
Tax Filing Update: Mistakes in your Income Tax Return (ITR) are not uncommon. From entering the wrong income details to missing a deduction or even typing an incorrect bank account number, such errors ...
Budget 2026 proposes allowing taxpayers to file an updated return even after receiving a reassessment notice under Section 148. While this creates a compliance window to settle disputes, it also ...
If you are still waiting for your income tax return (ITR) to be processed or for your refund to arrive, you are not alone. The government has informed Parliament that more than 24.64 lakh income tax ...
Tax experts say reporting gaps often arise due to misunderstanding of disclosure rules, reporting timelines, and the ...
Indore: As the financial year draws to close and taxpayers start filing their Income Tax Returns, authorities have cautioned ...