In early January, the IRS announced that the first day for filing 2025 tax returns would be today, Monday, Jan. 26, 2026. If ...

It is proposed to extend the prescribed time limit for filing a revised return from the existing nine months to twelve months ...

In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...

Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...

Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...

For most taxpayers, the real sense of relief after filing an Income Tax Return (ITR) comes only when the refund amount is credited to their bank account. However, in 2025, many taxpayers are still ...

Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors ...

For the majority of individual taxpayers, the July 31 due date remains unchanged. Salaried employees and those filing ITR-1 ...

After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...

For individual taxpayers filing ITR-1 and ITR-2, the original due date will remain 31 July, ensuring that salaried ...

Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...

Non-audit tax filers gain three additional months to file revised returns, plus a one-time foreign asset disclosure scheme ...