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 ...

The annual income tax return (ITR) filing exercise is often tedious, as it involves a lot of paperwork, complex forms, rules and often glitches in the annual information statement (AIS) and even ...

ITR filing mistakes: Tax advisory platform Tax Buddy recently highlighted a real-world case study to caution taxpayers about the importance of verifying their Annual Information Statement (AIS) before ...

Filing Income Tax Return (ITR) is an annual obligation for eligible Indian taxpayers. Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also ...

ITR mistakes happen — here’s how to fix them with a revised return under Sec 139(5). Last date for revised ITR this year: December 31, 2025 (if original was filed on time). Got your refund? You can ...

If you’ve been waiting to file your income tax return (ITR) under Form ITR-2, here’s some good news. The Income Tax Department has finally activated ITR-2 for online filing with pre-filled data. That ...

Sometimes, transactions are delayed due to technical reasons. If you filed your Income Tax Return (ITR) on time and the status shows 'Processed', but the refund hasn't yet been credited to your bank ...