The first option is that you can still file your belated return under section 139(1). This option comes with some penalty and interest you may have to pay, depending on your annual income. A taxpayer ...
A look at options and consequences for taxpayers who do not file their income tax return by the extended due date of 16 September 2025, including late filing penalties, deadlines for belated returns, ...
The CBDT had extended the ITR filing deadline for individual taxpayers to September 16, 2025. Filing after this date incurs penalties, potentially up to Rs 5,000, and affects carry-forward benefits.
As of September 15, around 7.08 crore ITRs have been filed, while around 6 crore ITRs have been e-verified. Previously, the ...
ITR filing FY 2024-25: The Income Tax Department extended the ITR filing deadline or due date for AY 2025-26 to September 15, 2025. Filing after this date incurs penalties. The article provides a step ...
Which ITR form should be filed for a deceased parent with pension income of around ₹6 lakh in FY 2024-25? In case the deceased parent's income is only from pension and the total taxable income does ...
Over six crore income tax returns have been filed in India, and the number is expected to rise further as last-minute filers rush to complete the process. Time is running out for taxpayers. The Income ...
Income Tax Due Date: As the income Tax Return (ITR) Filing deadline nears, social media users have demanded an extension for the same, saying that they cannot open the official Income Tax Department ...
The September 15 deadline to file the income tax returns (ITR) for the financial year 2024-25 (assessment year 2025-26) is nearly here. With taxpayers and chartered accountants complaining of multiple ...
Persons who had investments in unlisted equity shares at any time during the entire financial year. An individual who is a ...
As the September 15 deadline for filing Income Tax Returns (ITR) for FY 2024-25 approaches, taxpayers are misinformed about a Rs 12 lakh income exemption. The confusion arises from the Union Budget ...
The countdown has begun for taxpayers in India. The last date to file Income Tax Returns (ITR) for the financial year 2024–25 (assessment year 2025–26) is September 15, 2025. With only three days left ...