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 ...
Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...
The Budget 2026 introduces significant penalties for correcting past income-tax errors with the updated Income Tax Return ...
Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
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 ...
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 ...
Budget 2026 may introduce optional joint ITR filing for married couples. Here’s what the proposal means, how tax slabs may change, and expert views from Sajal Goell and Nupur Gupta.
The Finance Bill, 2026 proposes revised return-filing timelines to give taxpayers more preparation time. Non-audit business taxpayers gain an extended August ...
Non-audit tax filers gain three additional months to file revised returns, plus a one-time foreign asset disclosure scheme ...
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 ...