Tax Guru

Late ITR/TDS Filing Penalties: How Missing the Deadline Can Cost You Big

Learn how late filing under Section 234F and interest under 234A/B/C can escalate costs and how timely filing avoids ...

Can I claim TDS refund despite late return filing?

An NRI living in Dubai missed the July deadline for filing an Income Tax Return but wants to claim a refund of excess TDS ...
Tax Guru

How to Correct Mistakes in an Already Filed Income Tax Return?

Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...

UAE-based taxpayer earned Rs 4 crore income in India on which TDS was deducted but didn't file ITR, got tax notice; wins case in ITAT Delhi

In a recent development, a taxpayer residing in the UAE with an income of Rs 4 crore from India found themselves in a ...

Sharp rise in taxpayers, but millions skip filing returns: CBDT data

The income tax base is growing faster than the number of those conscientiously filing returns, driven by the expanding reach ...