The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given ...

Tax experts say correcting mistakes proactively can help taxpayers avoid scrutiny notices, interest costs and prolonged ...

A belated ITR is filed when a taxpayer misses the original filing deadline. As per Section 139 (1) of the Income Tax Act, ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank ...

Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...

Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...

I-T Department's deadline given to people for filing their revised ITRs is in focus now. However, some refunds filed have ...

Did you also file your income tax return (ITR) on time, but haven't received your refund yet? If you are one of the millions ...

Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via ...