With the December 31 deadline fast approaching, many taxpayers are unsure whether they need to file a revised or a belated ...
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 ...
If your Income Tax Return (ITR) is not processed by 31 December 2026, or within the prescribed deadline for earlier ...
CA Himank Singla highlighted that foreign equity holdings such as ESOPs and RSUs must be disclosed in Schedule FA every year, ...
A revised or belated return must be filed by December 31 of the relevant assessment year, or before the tax authorities complete the assessment, whichever comes first. Missing this deadline closes the ...
The Central Board of Direct Taxes (CBDT) is holding detailed talks with tax experts, industry representatives and income tax ...