The Central Board of Direct Taxes (CBDT) has enabled updated income tax return (ITR-U) filing via ITR-3 and ITR-4 forms on the e-filing ITR portal for AY 2021-22 and 2022-23. This ITR-U return via ITR ...

With the revised ITR utilities coming out much later than expected, taxpayers and professionals are now questioning whether ...

Missed reporting income or made errors in your ITR? Taxpayers can still correct mistakes using ITR-U. With March 31 ...

Holding foreign stocks, bank accounts or ESOPs? A small mistake in reporting them in your ITR can lead to a penalty of up to Rs 10 lakh. Here’s why Schedule FA is critical and how to avoid common ...

The government’s move to replace the six-decade-old income-tax rules, 1962 with a new framework from April 2026 is set to ...