New rules allow taxpayers to file revised income tax returns until March 31 for a fee. This extension, effective from April 1 ...
Budget 2026 introduces significant changes to income tax filing from April 1, 2026. Revised ITR forms will simplify ...
Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are met. This amendment, effective April 1, 2026, aims to enhance voluntary ...
Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and effort.
For individual taxpayers filing ITR-1 and ITR-2, the original due date will remain 31 July, ensuring that salaried individuals and those with simple income structures are not impacted by any changes.
Non-audit tax filers gain three additional months to file revised returns, plus a one-time foreign asset disclosure scheme ...
For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...