The Income Tax Department has enabled utilities for filing updated income tax returns (ITR-U) through ITR-1 and ITR-2 forms for assessment years (AY) 2021-22 and 2022-23, in accordance with Finance ...
With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...
Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...
After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...
India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, ...
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