While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR filing can be corrected. Under Section 139(5) of the Income Tax Act, 1961, ...
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department ...
Tax season is officially underway, as the Internal Revenue Service started processing returns Monday. The agency expects more than 140 million individual tax returns for tax year 2024 to be filed ...