Usually the last date for filing Income Tax Returns is July 31 of every year. If one misses this deadline, one can file ...
There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an ...
If you file an updated return later, you will have to pay interest and additional tax, and will not be able to claim refunds ...
A tax return is referred to as a ‘belated return’ when it is filed after the end of the original due date mentioned under ...
Returns with deductions that lack adequate supporting documents, or refund amounts not matching the reported income, in ...
Under income tax rules, when you buy a motor vehicle worth more than Rs 10 lakh, the seller is required to collect TCS at 1% ...
Submit response with supporting proof such as challans, Form 16, etc.
Income tax refunds are delayed due to filing errors, high-value claim checks, and incomplete taxpayer verification. Common ...