The exemption was rejected only due to delayed electronic filing of Form 10. The Tribunal ruled that procedural delay cannot override substantive compliance made before assessment ...

Here is a list of the most important personal finance money rule changes that will come into effect from January 1, 2026, ...

Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...

I-T Department's deadline given to people for filing their revised ITRs is in focus now. However, some refunds filed have ...

This explains why FD reporting to tax authorities and TDS on interest follow different thresholds. The key takeaway is understanding bank-wise limits prevents confusion and unnecessary ...

Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...