Tag: income tax return
Browse our exclusive articles!
Made a mistake in filing income tax return? Here’s how to discard it before verification
Taxpayers may notice errors in their Income Tax Return (ITR) after submitting it on the income tax portal. Common mistakes include incorrect income details,...
Job switch leads to ₹1.69 lakh tax liability despite both employers deducting TDS correctly: Here’s why Form 12B matters
A job switch during the financial year can lead to an unexpected tax liability, even if both employers have deducted TDS correctly. This happens...
IT Department launches Foreign Assets Information report: Here’s what it shows and how taxpayers can download it
The Income Tax Department has introduced a Foreign Assets Information (FAI) report on its Compliance Portal, allowing eligible taxpayers to access details of their...
Which ITR form should you file? A guide for salaried employees, pensioners and other taxpayers
For taxpayers who are not required to have their accounts audited, the deadline to file the Income Tax Return (ITR) for the Assessment Year...
Can delayed ITR e-verification lead to loss of your tax refund? ITAT answers
Taxpayers who file their income tax returns (ITRs) within the due date but miss the deadline for e-verification may still be entitled to their...
