Filed Wrong ITR in 2025? Here’s How to Correct Mistakes Without Paying Penalty Before December 31 The deadline to file Income Tax Returns (ITR) for the financial year 2024–25 (assessment year 2025–26) ...

The annual income tax return (ITR) filing exercise is often tedious, as it involves a lot of paperwork, complex forms, rules and often glitches in the annual information statement (AIS) and even ...

Taxpayers across the country are increasingly filing incorrect and incomplete ITR forms, this has resulted in triggering ‘defective return’ notices under Section 139(9) of the Income Tax Act over ...

Mistakes in your Income Tax Return (ITR) are not uncommon. From entering the wrong income details to missing a deduction or ...

New Delhi: The Income Tax Return (ITR) filing season is underway for Assessment Year 2024–25, and the Income Tax Department has extended the deadline to September 15, 2025. Filing ITR is mandatory if ...

Taxpayers who have shown fake deductions in their ITRs (income tax returns), made false claims or deliberately concealed any income are warned by the Income Tax Department to correct their mistake by ...

Taxpayers preparing to file their Income Tax Return (ITR) for Assessment Year 2025-26 are advised to address discrepancies in their Annual Information Statement (AIS) promptly. The Income Tax ...

A potential glitch in the Income Tax Return (ITR) utility is raising red flags among chartered accountants, who warn that if left uncorrected, it may lead to incorrect interest calculations under ...

Missed the ITR filing deadline Don't worry, there is still a chance. The ITR-U lets you fix errors or report income you forgot. File within four years, but remember there is an extra tax. Some changes ...

The Income Tax Return - Updated (ITR-U) is a new form introduced by the Income Tax Department under Section 139(8A) of the Income Tax Act. It was launched via the Finance Act 2022 and later updated in ...