Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...
The deadline for filing your ITR is September 15, 2025 and it hasn’t been extended yet, which means you have 1 day left to file and submit your income tax return (ITR). Sure, you can still file your ...
The CBDT has also advised taxpayers to file a revised ITR in case they had made possible errors in their filing ...
Breaks down Section 234F penalties, 1% monthly interest, and the hidden loss of tax benefits that arise when returns are ...
If your ITR refund is delayed despite filing on time, you may be entitled to interest under Section 244A. The Income Tax Department pays 0.5% monthly interest for delays not caused by the taxpayer.
Highlights the legal obligations of timely ITR filing, penalties for delays, and the benefits of maintaining a clean financial ...
Chairman Ravi Agrawal said on Monday that the tax department is looking into incorrect deductions claimed in certain cases, which is causing a delay in refunds, PTI reported.