Proceedings for adjustment of refund to outstanding demand u/s 245 (1) of the Income tax Act, 1961 are pending. Proceedings ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners. Missing the deadline can get pricey. Late filers face penalties up to Rs ...

The ITR3 file online is applicable for the assessment year 2025-2026 only ... Businesses not requiring an audit and individuals using ITR-1 (SAHAJ) and ITR-4 (SUGAM) have a deadline of July 31, 2024. ...

Taxpayers who missed the original filing deadline can still file a belated tax return after paying a penalty under Section 139 (4 ... online, so it is recommended to opt for online verification of ...

Filing ITR online through the Income Tax e-Filing portal ... Step 3: Select the 'File Income Tax Return' option from the dashboard. Step 4: Select Assessment Year 2024-25 and choose the ...

Did you miss reporting a particular income while filing your income tax return (ITR) a few years ago -- say three years ago? You do not need to fret over this anymore since you can file a fresh ...

Budget 2025 extends the period for filing updated income tax returns from 24 months to 48 months. Taxpayers will now face ...

ITR Filing Deadline, January 15 ... the last date for furnishing belated return of income under sub-section (4) of section 139 of the Act or for furnishing revised return of income under sub ...

Keep the other copy for your records. The applicant is required to furnish the following details in the ITR 5 income tax return form-5 (ITR5 form): Note: The ITR 5 income tax online form should reach ...

It's the final day to file your belated or revised Income Tax Returns (ITR) for the assessment year (AY ... According to the official website of the Income Tax Department, taxpayers can file it in two ...

ITR-4 (Sugam) A resident individual or HUF or firm (other than the Limited Liability Partnership or LLP) with income not exceeding ₹50 Lakh during the financial year comes under this category. This ...

Legal notices: The Tax Department collects income statements from various sources. Failure to file ITR may trigger reports based on undeclared income. Carry forward losses: Filing before the ...