Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...

Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...

In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...

For the majority of individual taxpayers, the July 31 due date remains unchanged. Salaried employees and those filing ITR-1 ...

It is proposed to extend the prescribed time limit for filing a revised return from the existing nine months to twelve months ...

With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...

Revised Return: Since the Union Budget 2026 was presented, there has been a heated discussion among salaried employees and ...

From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...

After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...

his usually happens due to excess TDS, advance tax, or self-assessment tax. Once your return is processed by the Income Tax Department, the extra amount is credited back to your bank account.