A revised ITR is filed to correct any mistake in the original ITR. A belated ITR is an original ITR filed if a taxpayer misses the due date for ITR filing. Here is a detailed breakdown.

Each taxpayer is supposed to file their income tax return within the time prescribed under section 139(1)/139(4) of the Income Tax Act. However, it may be possible due to any genuine hardship or ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The tax rates for individuals in India ...

Before the year ends, there are several important financial tasks with a deadline of December 31st. If these tasks are not completed by the deadline, taxpayers may face penalties, interest, and other ...