Updated or revised ITR? What taxpayers need to know before Dec 31 deadline

As the December 31 deadline for filing income tax returns approaches, taxpayers are often confused about the difference ...

Why salaried employees are getting Income Tax Department intimations and what they should do now

The Income Tax Department is alerting taxpayers about incorrect deduction and exemption claims. Salaried individuals who ...

How many times can you file a revised income tax return? Here's what I-T Department says

Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department ...
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If you have also received a message from the Income Tax Department, here's how to file your revised return; this is the process.

The last date to file Income Tax Returns (ITR) is December 31st, which means only seven days are left. Meanwhile, the Income ...

Income Tax Department clarifies why many taxpayers who claim tax deductions, exemptions got intimation emails; know what to do

The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE ...
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Fix ITR errors before December 31: Revised vs updated return explained, know which option suits you best

Filing an Income Tax Return (ITR) is an important responsibility for taxpayers, but mistakes during filing are quite common. These errors may include incorrect income details, missed deductions, or ...
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Ultimate Guide: Reporting Foreign Bank Accounts & RSUs in Indian ITR

This guide explains that disclosure under Schedule FA is mandatory, even for zero-income foreign accounts or unsold RSUs. Following calendar-year reporting and proper documentation helps avoid ...
Tax Guru

Income-tax Refunds Flagged Under RMS: What New SMS/E-mail Means for Taxpayers

Learn why refund claims are being paused under a risk-based system and how timely reconciliation or revision can ensure smooth ...