India is progressing towards fully automated Income Tax Return filing. Significant steps have already been taken to simplify ...

Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and lost tax benefits, missing the ITR deadline makes compliance more ...

ET Wealth Reader's Query: Is it possible to file an income tax return (ITR) for a deceased family member (mother or father) ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given assessment year. Once this window closes, taxpayers can no longer correct errors, ...

Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened scrutiny, data mismatches and stricter checks are slowing ITR processing. Here’s ...

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With simpler language, consolidated provisions and expanded pre-filled returns, ...

If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...