India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...

The National Board of Revenue (NBR) has again extended the deadline for individual taxpayers to submit income tax returns by ...

Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and lost tax benefits, missing the ITR deadline makes compliance more ...

With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given assessment year. Once this window closes, taxpayers can no longer correct errors, ...

If you stay outside India for more than 182 days, you can't use ITR Form 1. It is not a question of being a resident or a non ...

If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and effort.

For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...

The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...