Late filing fee: Under Section 234F, a late fee of up to Rs 5,000 may be levied for belated ITRs (ITR filed after original ...

Filing your Income Tax Return (ITR) for the financial year 2024-25 is now open, and the Income Tax Department has made all ITR forms - from ITR-1 to ITR-7 - available online. While many rely on Form ...

Filing your Income Tax Return (ITR) doesn t have to be stressful. With the deadline for AY 2025 26 now extended to September 15, 2025, taxpayers have extra breathing room to get their documents in ...

To file ITR, it is important to know which ITR form one has to fill as each form has its own conditions and eligibility. ITR-1 is for salaried and pensioners, whereas people with business or capital ...

The deadline for filing the Income Tax Return (ITR) is fast approaching, thus, explaining the vulnerability to making mistakes while rushing through important details about income and its various ...

The Income Tax Department has activated online filing for ITR-5 and ITR-7 forms, pre-filled with data, on its official website. ITR-5 and ITR-7 forms are meant for specific categories of taxpayers and ...

The first option is that you can still file your belated return under section 139(1). This option comes with some penalty and interest you may have to pay, depending on your annual income. A taxpayer ...

Taxpayers who missed the deadline get another opportunity to comply by filing a belated return. The Income Tax (I-T) ...

The Central Board of Direct Taxes (CBDT) has now further extended the due date by a day to September 16, 2025. The e-filing ...

ITR filing deadline for AY 2025-26 extended till Sept 16 as portal glitches hit last-day filings; record 7.3 crore returns filed, says CBDT.

Rushed filings by taxpayers ensure that there are mistakes of some description. The most frequent ones are entering the incorrect bank details, incorrect declaration of income, failure to claim ...