Taxpayers who made mistakes in their income tax filings or forgot to declare certain income still have a final opportunity to ...

ITR-U lets taxpayers correct errors or disclose missed income. March 31 is key; delay increases extra tax liability. Budget ...

Missed reporting income or made errors in your ITR? Taxpayers can still correct mistakes using ITR-U. With March 31 ...

Taxpayers filing returns in 2026 will use the old Income Tax Act, 1961. The new Income-tax Act, 2025, takes effect from April ...

Mumbai ITAT has ruled that housing societies can claim Section 80P deduction on interest earned from co-operative banks, even ...

Tax experts say reporting gaps often arise due to misunderstanding of disclosure rules, reporting timelines, and the ...

Income tax filing is set to undergo major changes with the introduction of new Income-tax Rules, 2026. The changes include ...

The Income Tax Act, 2025 replaces the old 1961 law from April 2026, streamlining compliance, revising deadlines, ...

The government’s move to replace the six-decade-old income-tax rules, 1962 with a new framework from April 2026 is set to ...

Aam Aadmi Party MP Raghav Chadha proposed reforms to ease financial burdens, advocating for optional joint income tax filing ...