tax filing

Revised ITR Deadline Extended—But With a Fee: When to Revise, When to Skip, and How to Decide

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Revised ITR Deadline Extended—But With a Fee: When to Revise, When to Skip, and How to Decide

Many taxpayers assume revising an income tax return is a simple correction process with no real consequences. That assumption is no longer accurate. The revised return framework now includes a structured penalty system, making the decision to revise more strategic than before. The revised ITR deadline penalty structure introduces a fee-based revision window under Section … Read more

New ITR Forms Coming: What’s Changing, Who Must Use Which Form, and How to Avoid Defective Return Notices

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New ITR Forms Coming: What’s Changing, Who Must Use Which Form, and How to Avoid Defective Return Notices

Tax filing in India is becoming more automated, data-driven, and verification-focused. The evolving structure of income tax return forms reflects this shift. The ITR forms evolving 2026 framework introduces stronger validation checks, more prefilled data, and tighter reporting requirements designed to reduce incorrect filings. For taxpayers, this means one thing — filing mistakes that were … Read more