Revised Return News Today

CII has sought that capital gains tax from equity and debt mutual funds and other assets be made uniform to bring about simplicity and consistency.

The I-T deparment has also issued a warning for taxpayers who missed the July 31 deadline to file their ITRs for financial year 2022-23.

Missing the December 31 deadline for filing income tax returns (ITR) can have consequences such as penalties, interest on taxes owed, and a delay in receiving potential refunds.

A revised income tax return for the current assessment year can be filed till December 31, 2023. If you've made a mistake in filing your return, you c

Contrary to popular belief, the tax department allows taxpayers to revise their tax returns after receiving a tax notice

The revised ITR for FY 2022-23 can be filed up to 31 December without any penalty after remitting the taxes due post such revision.

ITR Filing Last Date: There’s a buzz that the Central Government might extend the deadline to file the ITR for FY2023, or assessment year (AY) 2023-24. However, the Central Board of Direct Taxation (CBDT), as of now, has not indicated or made any announcement in this regard. Thus, it is most likely that the deadline to file the ITR for FY23 will end on July 31., Personal Finance News, Times Now

ITR Refund: The last date to file income-tax returns is July 31. But don’t worry if you make a mistake in the returns when filing. Or forgot to mention any income if filed already. The income-tax department allows you to revise returns up to three months before the end of the assessment year. The question is: what if the I-T department has already given you a tax refund?

ITR Filing 2023: Taxpayers who receive the notice u/s 143(1) from Central Processing Unit (CPC) can apply for rectification requests on the e-Filing portal. -- aaa

ITR filing last date: Users can also enter relevant data directly online at e-filing portal and submit it as ITR1 and ITR4 forms can be filed on the official site.