Understand how it applies to unpaid tax liability, not just late ITR filing. Experts clarify misconceptions and calculation.

Income Tax Return Filing Season Begins; Missing the Deadline Could Cost You More Than Just a Penalty The Income Tax Return (ITR) filing season for Assessment Year (AY) 2026-27 is now underway, and ...

Ignoring ITR filing in 2026 can trigger penalties, delayed refunds and lost tax benefits. Timely Income Tax Return filing ...

You can file an application for condonation of delay, and once the order condoning the delay is received by you, you can file ...

ITR Simplified: Filing ITR-2 for AY 2026-27? Know who must use this form, how to file it online, and the key checks to ...

Not filing your Income Tax Return (ITR) can have consequences far beyond a delayed refund or a late filing fee. In certain ...

Employees who changed jobs during FY 2025-26 should report salary from all employers while filing ITR for AY 2026-27. Verify ...

Once an intimation under Section 143(1) has been issued, the taxpayer must check whether the intimation is only a processing adjustment or whether it reflects a mismatch in income, TDS, deductions, or ...

As taxpayers prepare to file returns for AY 2026-27, experts are warning that common mistakes such as choosing the wrong ITR form or failing to disclose all income sources could lead to penalties, ...

Before Filing Your Return, Check These 10 Situations Where ITR-1 Is Not the Right Form As the income tax filing season ...

For many taxpayers, missing the Income Tax return (ITR) deadline is seen as a compliance lapse that leads to a late fee or ...

Missing the deadline to file your Income Tax Return (ITR) can have consequences beyond late fees and interest. In serious cases involving willful non-compliance, taxpayers may face prosecution, fines ...