Hosted on MSN

ITR Filing Due Date Extension Live: Last Day To File Returns — Check Quick Guide, Penalty, Mistakes To Avoid

If one fails to file the ITR by the due date, then they could face a penalty under Section 234F of the Income Tax Act, 1961. A delay could attract a late fee of Rs 5,000. However, if the total income ...

Draft income tax rules 2026 signal tighter eligibility and digital-first filing for ITR-1 to ITR-7

The draft Income-tax Rules, 2026, propose several income-tax forms that were earlier prescribed under the Income-tax Rules, 1962. The CBDT is expected to notify the draft income tax rules by the first ...