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Filed your ITR with mistakes? Here's how to submit a revised return and correct errors in time
Filing an Income Tax Return (ITR) is an important annual responsibility for taxpayers, but mistakes can happen. Whether it's forgetting to report an income source, entering incorrect bank details, ...
Once an intimation under Section 143(1) has been issued, the taxpayer must check whether the intimation is only a processing adjustment or whether it reflects a mismatch in income, TDS, deductions, or ...
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New Income Tax Bill: Late Filers Can Now Claim TDS Refunds, But Must Still Submit Returns
The Lok Sabha has cleared the new Income Tax Bill, 2025, which, for the first time, explicitly states that taxpayers submitting late or revised returns will still be entitled to claim refunds for ...
Many taxpayers focus only on completing the filing process and fail to notice errors in tax computation. Once e-verified, correcting such mistakes may require filing a revised return.
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