Late filing fee: Under Section 234F, a late fee of up to Rs 5,000 may be levied for belated ITRs (ITR filed after original deadline). If the income is less than Rs 5 lakh, the penalty is Rs 1000, and ...
Income Tax Return: Filing income tax returns (ITR) is a crucial financial task every year. It is not just a legal obligation but also an important part of handling your finances. For salaried ...
Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...
Any taxpayer with a valid PAN (Permanent Account Number) can create an account on the Income Tax Department’s e-filing portal. Here is a step-by-step guide ...
Taxpayers were given an additional 1.5 months to file their returns without penalties after facing 'unprecedented hardships' due to multiple delays in the release of ITR forms and technical issues.
The Income Tax Department has extended the ITR filing deadline to September 16, 2025. Taxpayers missing this date can file a belated return until December 31, 2025, with a late fee.
The process of filing Income Tax Return (ITR) is in its final stages and this time too discussions have intensified regarding the deadline.
ITR Due Date Extension 2025 Highlights: The last date to file income tax returns (ITR) for AY 2025-26 ends on 16 September.
Get the latest updates on Income Tax Return filing deadline, process, late filing penalty, and important announcements.