Is your Income Tax Return (ITR) declared invalid by the Income Tax (I-T) Department? Don’t worry, the Central Board of Direct Taxes (CBDT) has increased the last date for processing income tax returns (ITRs) that were wrongly declared invalid by the Centralised Processing Centre (CPC), Bengaluru. The ITRs that were filed till March 31, 2024, marked…
When a taxpayer files their income tax return (ITR), they face different issues. One of the common issues is the Annual Information Statement (AIS). And this is not new; every year, taxpayers face some errors while filing their ITR. But, don’t worry, if you are getting an AISÂ error, the Income Tax (I-T) Department has issued…
ITR Filing AY 2024-25: The Income Tax Department (I-T Department) has released the Excel Utility for ITR-1 and ITR-4 for AY 2025-26 and is now available for taxpayers. Through a social media post on X today, May 30, the I-T department said, “Attention taxpayers! The Excel Utility for ITR-1 and ITR-4 for AY 2025-26 has…