Income Tax Department gives the taxpaying citizen an opportunity to file a revised income tax return (ITR) and an updated ITR ...

Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.

The income tax department has reportedly started sending bulk SMS and emails to taxpayers, saying that their refunds had been ...

Filing ITR can be a daunting task, and mistakes are common. In case someone is still waiting for their tax refund, it's highly likely that the mistake could have been done while filing. Also Read | ...

Many taxpayers have received SMS and email alerts from the Income Tax Department about the delay in refunds due to discrepancies or mismatches in ITR filings.

CA Himank Singla highlighted that foreign equity holdings such as ESOPs and RSUs must be disclosed in Schedule FA every year, ...

After working in Dubai for 20 years Man used Rs 2 crore savings to buy Mumbai property; Tax dept sent notice; he wins case in ...

Taxpayers receiving emails about undisclosed foreign assets must revise returns using Schedule FA, FSI, and TR in ITR-2/3.

Taxpayers are entitled to their refund if the Income Tax Department's CPC fails to process their ITR within the statutory nine-month deadline from the financial year's end. This lapse means the CPC ...

Donating to charities offers tax benefits under Section 80G of the Income Tax Act. The Income Tax Department has clarified ...

Many taxpayers are experiencing delays in receiving their income tax refunds due to common filing errors. These include failing to verify ITRs within 30 days, not addressing defects, or having ...

If you're uncertain whether your PAN and Aadhaar are linked, there's nothing to worry about. Check these steps here.