The clock is ticking for taxpayers in India as September 15, 2025, marks the final day to file the Income Tax Return (ITR) for the financial year 2024–25 (assessment year 2025–26). If you haven’t ...

ITR Filing Deadline Extended to September 15, 2025: Penalty Rules for Late Filing Explained New Delhi, Sept 11, 2025 – The countdown has begun for taxpayers to file their Income Tax Returns (ITR) for ...

The legal heirs are responsible for filing the return of income from 1st April till the date of death of the deceased and ...

If you are still waiting for your income tax return (ITR) to be processed or for your refund to arrive, you are not alone.

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 ...

AIS analytics now detect non-filers where pension and interest income exist. Voluntary filing through ITR-U helps avoid notices under Sections 142(1) and 148, saving professional costs and compliance ...

An NRI faced a proposed 78% tax after ₹14.70 lakh of his property payment was made through his mother’s account and treated as unexplained investment. The ITAT Mumbai deleted the addition after he ...

Missed filing an ITR for HUF income? Today’s Ask Wallet Wise explains why a member has no recourse once the deadline to file a revised ITR has expired. The Ask Wallet-Wise initiative offers expert ...