The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some mistakes or omissions.

Taxpayers can file updated returns before March 31 to correct past omissions. They have to pay the due taxes, along with applicable interest and additional tax. Filing updated returns (ITR-U) under ...

Missing the Income Tax Return (ITR) filing deadline can happen for many reasons. You may have missed a document, made an error, or simply overlooked the timeline. However, if you have already filed ...

The legal heirs are responsible for filing the return of income from 1st April till the date of death of the deceased and ...

A study suggests the order of names on a joint income tax return can provide insights about the people filing. But does the IRS care?

Overview: Paper tax filing remains an option for taxpayers who prefer reviewing forms and details manually before submitting their return.The process includes d ...

The Finance Bill 2026 proposes allowing taxpayers to file an Updated Return even after receiving a reassessment notice under Section 148. This move aims to reduce litigation by enabling voluntary ...

Femina finds out what your Income Tax Return quietly reveals about your financial health, your habits, and whether you're actually adulting ...

AIS analytics now detect non-filers where pension and interest income exist. Voluntary filing through ITR-U helps avoid notices under Sections 142(1) and 148, saving professional costs and compliance ...

For federal income tax purposes, your marital status is determined under state law as of the last day of the calendar year. That matters when choosing your filing status. Your filing status is one of ...