For those using the offline verification method (ITR-V form), the process may take longer. "The time taken by the tax department to process a return can vary widely," said Amit Bansal, Partner ...

Filing ITR is not only a legal responsibility but also important for taxpayers' financial health. It keeps a record of one's ...

While it is best to not "file away" filing your income tax returns for later, are you aware of the right ITR form that applies to you? Out of the 7 ITR forms available, how do you know which one ...

It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...

Tax refunds: Failing to submit Form 15G/H for TDS can lead to deductions ... You can complete the e-filing process by either sending your ITR-V to CPC Bengaluru or e-verifying your ITR.

The Income Tax Return submission for assessment year 2025-26 will open on April 1 2025. Earnings-based employees ...

As per Budget 2023, those opting for the old tax regime must submit Form 10-IEA before filing their ITR to confirm their choice. On the other hand, salaried individuals and those with non ...

To do so, they must file Form 10-IEA before due date of ITR filing, which allows them to exercise their choice between the new and old tax regimes," said Abhishek Soni. Filing your Income Tax ...