ITR filing: Taxpayers who miss the regular deadline for filing their income tax return get an additional chance through the updated income tax return (ITR-U) facility, introduced under Section 139(8A) ...

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

Your filing status affects everything from your tax brackets to whether you have to file at all. Here’s how the rules work.

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 ...

India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...

ET Wealth Reader's Query: After retiring from a public sector bank, I transitioned to teaching at various MBA institutes in ...

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 ...

Missed income disclosures after the December deadline? The updated return offers a second chance—but only if it results in ...