Employees who are on a salary may find themselves receiving tax notices following their income tax return filings. These ...

The deadline for filing the income tax return is almost here and if you have not filed your ITR yet its high time that you do it since July 31, 2026 is the final date for salaried individuals and ...

Made a mistake while filing your 2025 income tax return this year? You aren't alone — In its 2025 annual report to congress, the National Taxpayer Advocate says the IRS processed about 3.7 million ...

We're down to the last few hours before the 11:59 p.m. Wednesday, April 15 deadline to file 2025 income tax returns, which means you still have some time to file yours. It also means there's still ...

Taxpayers who missed the July 31 ITR deadline can still file a belated return until December 31, 2026. Here's the filing process, applicable late fees, and the tax benefits you may lose by filing late ...

Tax season closes on Wednesday, April 15, meaning you only have a few weeks left to file state and federal income tax returns before possibly incurring late-filing penalties. With that time crunch, it ...

After filing ITR, taxpayers may receive notices due to mismatches in income, incorrect ITR forms, pending tax demands or any scrutiny by the Income Tax Department. Understanding why these notices are ...

The deadline for submitting a revised return is March 31 or the completion of assessment, whichever comes first.

Will the income tax return filing deadline of July 31, 2026 be extended? As of now there is no intimation from the Income Tax Department on extension of the ITR filing deadline.

Income tax filing for assessment year 2026-27 has officially begun since the Income Tax Department has made ITR 1 and ITR 4 filing available on the e-filing portal. Taxpayers can now go ahead and fill ...

F&O (Futures & Options) income is treated as non-speculative business income and is taxable under the head Profits and Gains from Business or Profession (PGBP).