The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check t.
For returns filed for the current assessment year, the outer limit for processing is December 31, 2026. If the CPC fails to ...
The risk management alert is a cautionary prompt, not a notice. Taxpayers need revised ITRs only if mismatches exist. Those with correct claims can wait as refunds resume after verification.
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
Taxpayers face a critical deadline. After December 31, 2025, revised income tax returns cannot be filed if the original ...
Campaign uses data analytics to prompt voluntary corrections of ineligible deduction claims, with a Dec 31 deadline to avoid ...
Pre-budget suggestions are pouring in, in the North Block. As the government gears up to present the 2026 budget, one ...
If the taxpayer has failed to report foreign assets and income in the original ITR, there is an opportunity to rectify this ...
Taxpayers who receive emails should log in to the e-filing portal and compare their ITR with Form 16 and Form 26AS. If the ...
by the Income Tax Department. While 31 December 2025 is the last date to file a revised return, many original returns are ...
This explains how most notices arise from differences between ITR data and information available with the tax department through AIS and ...
Taxpayers receiving emails about undisclosed foreign assets must revise returns using Schedule FA, FSI, and TR in ITR-2/3.