Late filing fee: Under Section 234F, a late fee of up to Rs 5,000 may be levied for belated ITRs (ITR filed after original ...
ITR: For salaried individuals, Form 16 is a crucial document for filing the income tax return (ITR). As per the regulations, employers must file their e-TDS return for the January–March quarter by 31 ...
New Form 16 Download: If you're a salaried employee, you've likely come across Form 16 while filing your income tax return. It's a key document that serves as proof that your employer has deducted and ...
Rushed filings by taxpayers ensure that there are mistakes of some description. The most frequent ones are entering the incorrect bank details, incorrect declaration of income, failure to claim ...
To file ITR, it is important to know which ITR form one has to fill as each form has its own conditions and eligibility. ITR-1 is for salaried and pensioners, whereas people with business or capital ...
The Central Board of Direct Taxes (CBDT) has now further extended the due date by a day to September 16, 2025. The e-filing ...
Taxpayers who missed the deadline get another opportunity to comply by filing a belated return. The Income Tax (I-T) ...
The deadline for filing the Income Tax Return (ITR) is fast approaching, thus, explaining the vulnerability to making mistakes while rushing through important details about income and its various ...
Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.