The Income Tax Department has extended the revised and belated income tax return (ITR) filing deadline to January 15, 2025 for Indian resident individuals. Individuals who have already filed an ITR on ...

In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, and Annual Information Statements.

It’s best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer’s opportunity to receive any ...

Tax Day is just around the corner and millions of taxpayers have yet to file their tax return. If you’re one of those taxpayers who still needs to file—and you’re not ready—there’s an easy answer: ...

Taxpayers typically amend their returns to correct mistakes, claim missed deductions or report additional income. While the IRS does allow amendments, many worry that filing a Form 1040-X could ...

The deadline for filing your income tax return for 2024 is approaching: Monday, April 15. Below I will discuss some details that may help you file your tax return. But first I’ll discuss recent ...