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 ...
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 ...
Part A of AIS displays general information about you, including PAN, masked Aadhar number, name of the taxpayer, date of birth/ incorporation/ formation, mobile number, e-mail address, and address of ...
ITR filing season: If you have made a mistake in your ITR then there is a new option called 'Discard ITR'. You can easily make changes by using this option. You can only use this Discard feature only ...
Realised there's an error in your ITR after submission? You're not alone. Many taxpayers make small mistakes while filing, ...
ITR filing FY 2024-25: The Income Tax Department extended the ITR filing deadline or due date for AY 2025-26 to September 15, 2025. Filing after this date incurs penalties. The article provides a step ...
For Assessment Year (AY) 2025–26, the Income Tax Department has further simplified compliance by enabling taxpayers to file their Income Tax Returns (ITRs) directly through its official mobile ...
Missed the ITR filing deadline Don't worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within four years, but remember there is an extra tax. Some changes ...