Suppose the income tax refund issued to you is lower than the amount you claimed due to the Tax deducted at Source (TDS) credit denial in Form 26AS. In that case, you can request the remaining tax ...

Several individuals who filed their returns after 31 July have been charged a late filing fee of ₹5,000 under Section 234F of the Income Tax Act, 1961. The penalty has been charged erroneously since ...

The Income Tax Department has introduced an online rectification facility for taxpayers to address incorrect tax demand notices and intimations up to Assessment Year (AY) 2023-24 (Financial Year ...

The Income Tax Department has enabled filing of rectification applications before an income tax assessing officer (AO) for up to AY 2023-24 (FY 2022-23) through the e-filing Income Tax Return (ITR) ...

The Income Tax Department has introduced a new feature on its e-filing portal that allows taxpayers to submit rectification requests online, even if their Income Tax Returns (ITRs) are currently being ...

The income tax department has now introduced new facility for online submission of rectification request in cases where processing was completed by the Central Processing Centre (CPC), Bangalore.

The process to file Income Tax Return (ITR) for the financial year 2016-17 is over. Now, it is time for Income Tax Department to review it. There are chances I-T ...

https://www.thehindubusinessline.com/portfolio/personal-finance/itr-filing-why-belated-returns-and-rectification-by-assessee-may-become-a-thing-of-the-past ...