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 ...

Many taxpayers believe that income tax returns (ITR) can only be filed by the due date. However, this is not entirely correct ...

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 ...

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 process of filing Income Tax Return (ITR) is in its final stages and this time too discussions have intensified regarding the deadline.

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.

If you haven’t paid advance tax for FY25 yet, you can pay it at the time of filing your ITR. But for the next year, plan ...

Get the latest updates on Income Tax Return filing deadline, process, late filing penalty, and important announcements.