"Taxpayers can currently only file belated or revised returns, excluding new filings that incorporate the 87A rebate. The ...
Income Tax Rebate: "The updated utilities for ITR forms 2 and 3 giving effect to the Circular No. 21 dated 31st December 2024 ...
The Income Tax Department is allowing eligible taxpayers to claim the section 87A tax rebate in updated ITR forms. This ...
Taxpayers should note that these changes will only be implemented on the back end for the ITR-2 and ITR-3 forms.
The decision comes after the Bombay High Court directed the IT department to extend the due date for claiming the benefit.
The Income-Tax (I-T) Department is allowing taxpayers who qualify for the section 87A tax rebate for FY24 to now claim it in the updated Income-Tax Return (ITR) forms — ITR-2 and ITR-3 ...
With updates to ITR forms underway, eligible taxpayers can claim Section 87A rebates through revised filings by the extended ...
Even if your return has been processed and you have received a refund or paid any additional tax that may have been demanded, you can revise your return.
Certain taxpayers may be eligible for the Earned Income Tax Credit of up to $7,830. Find out if you qualify and what you need ...