Submit response with supporting proof such as challans, Form 16, etc.

Car buyers purchasing vehicles above ₹10 lakh can reclaim 1% Tax Collected at Source (TCS) deposited by dealers. This amount, ...

Explore the significant delays in income tax refunds for FY 2024-25, their causes, including AIS mismatches and processing ...

Under income tax rules, when you buy a motor vehicle worth more than Rs 10 lakh, the seller is required to collect TCS at 1% ...

Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...

In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is ...

Handling income tax returns for a deceased person can be challenging for grieving families., Personal Finance, Times Now ...

Revised returns serve as a safety net for correcting inaccuracies in original or belated returns, such as omitted income, ...

There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an ...

Taxpayers and pensioners must complete mandatory tasks like ITR filing and Aadhaar-PAN linking by year-end to avoid penalties ...

The Delhi High Court recently condoned the delay by an assessee in filing his Income Tax Return, citing his health condition as 'genuine hardship' under Section 119(2)(b) of the Income Tax ...