Experts demand 87A tax rebate increase, accessible home loans, income tax slabs linked with inflation and others from the FM.

Experts recommend clarifying that the rebate should apply to both normal and special income, with exceptions for certain ...

The last date to file a revised income tax return (ITR) is January 15, 2025 as per the order of the Honourable Bombay High ...

Bombay High Court had given an interim relief by ordering the tax department to extend the revised and belated ITR filing ...

The Income Tax department has released Excel utilities in two major forms ITR2 and ITR3 for enabling taxpayers to claim the ...

With only two days to go before the deadline to file revised income tax return (ITR) for FY 2023-24 expires, taxpayers can claim tax rebate under section 87A. Notably, the income tax department ...

It is also the last chance for other individual tax-payers who may have missed filing their returns by July 31, or spotted ...

It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so by filing a revised or belated income tax return (ITR) ...

The quantum of maximum rebate under Section 87A is ₹12,500. So, in case the total tax before cess is less than ₹12,500 for an individual with a net taxable income of up to ₹ ...

The clock is ticking for late ITR filing! Avoid penalties by filing your return now. Here's everything you need to know about ...