While speaking at a post-Budget interactive session organised by the Confederation of Indian Industry (CII), the Secretary highlighted key reforms in direct taxation, and noted that the timeline for revising income tax returns has been extended by one quarter, giving taxpayers additional tim
New Delhi [India], October 14: Buying a house is an important financial step for an individual. One of the most important aspects of applying for a home loan is gathering the right documents to ensure that the approval process is completed on time. If you are a first-time home-buyer, knowi
The Central Board of Direct Taxes has decided to extend further the due date for filing Income Tax Returns (ITRs) for Assessment Year 2025-26 from 15th September, 2025, to 16th September, 2025, an official release announced.
In a statement, the I-T department said that fake messages were being circulated suggesting that the deadline, originally due on July 31, 2025 and later extended to September 15, 2025, had been pushed to September 30.
Mumbai (Maharashtra) [India], August 22: TaxBuddy, India's most trusted tax filing platform, has announced the launch of the country's first AI-powered tax filing system, a move set to change the way millions of Indians file their income tax returns. With this new platform, taxpayers can now
The Income Tax Department initiated a large-scale verification operation across multiple locations in the country on Monday, targeting individuals and entities facilitating fraudulent claims of deductions and exemptions in Income Tax Returns (ITRs).
India's tax administration has undergone a dramatic transformation over the past decade, with taxpayer refunds growing at nearly double the pace of tax collections, Ministry of Finance sources told ANI.
Jaipur (Rajasthan) [India], June 24: Tax2win.in, a government-authorised ERI and one of India's leading online tax filing platforms, has launched its Self ITR Filing service for Financial Year 2024-25 (Assessment Year 2025-26), supporting both ITR-1 and ITR-4 forms. Powered by an advanced AI
Shashi Bhushan Shukla, Commissioner (Investigation), CBDT advised all taxpayers to carefully review their foreign income and assets and report them accurately in their Income Tax Returns (ITRs).