ITR filing FY 2024-25 due date today: It’s the last date for filing the Income Tax Returns for AY 2025-26. The Income Tax Department had extended the ITR due date from July 31, 2025 every year to ...
Many taxpayers face issues with missing foreign asset and income details in revised Income Tax Returns. If a taxpayer has any assets outside of India, such as immovable property, bank accounts, ...
Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that the main reason is extra scrutiny of suspicious claims, especially in ...
Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...
The Central Board of Direct Taxes (CBDT) is holding detailed talks with tax experts, industry representatives and income tax ...
Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.