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If you realise an error after filing, you can submit a revised return under Section 139(5). This replaces your original ...
Preeti Sharma, Partner, Global Employer Services, Tax & Regulatory Services of BDO India shares her views on tax filing ...
Those with freelance income must file ITR-3 or ITR-4 forms. EY India's Amarpal Chadha advises that income from independent ...
In a bid to ease the tax return filing process for taxpayers, the Income Tax department has introduced real-time PAN and bank ...
The NPCI has also urged all member banks to prioritize the implementation of this service, which is being offered to the ...
NPCI unveils real-time API for instant PAN, bank account, and identity validation on the income tax e-filing portal to ease government and taxpayer processes.
India's gross direct tax collections for FY26 rose by 4.86% to Rs 5.45 lakh crore by June 19, as per the Income Tax Department. However, net collections dipped 1.39% due to a 58% surge in refunds.
The Income Tax Department is enhancing ITR filing for FY 2024-25 to improve accuracy and reduce taxpayer burden.
In a circular, NPCI introduced a new Application Programming Interface (API) designed to enable real-time verification of PAN ...
CBDT will implement Aadhaar-based PAN verification starting July to prevent tax evasion. PAN-Aadhaar linking is also ...
From July 1, 2025, the Central Board of Direct Taxes will require Aadhaar authentication for new PAN card applications. This ...