Updated return: Found omissions after Dec 31? File ITR-U to cut legal risk

With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...

December 31 ITR deadline over: Here's the limited path to getting your tax refund

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, ...

TDS paid by a deceased parent; can I file ITR to get a TDS refund now?

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

Budget 2026: How joint ITR filing for married couples can reduce tax liability?

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

What’s India’s tax proposal for married couples that will help them save money?

The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...

I have pension and professional income as a consultant, should I file ITR under Section 44ADA to reduce income tax?

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

‘Tax Year’ replacing ‘Assessment Year’ in new income tax law: How it will impact taxpayers

From April 1, 2026, the new Income-tax law will replace ‘Assessment Year’ with ‘Tax Year’ to simplify tax filing and ...