AY 2025-26 can be filed till December 31 2025. Tax expert explains ITR-U helps correct errors but cannot reduce tax or claim refunds.

Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from incorrect income entries to missed deductions. Fortunately, the Income Tax ...

If you missed the deadline to file your Income Tax Return (ITR) or made mistakes in your earlier submission, there’s good news — you still have time to fix it. The Income Tax Department allows ...

The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.

The ITAT Mumbai quashed a revisionary order under Section 263, ruling that the Assessing Officer's detailed scrutiny into the Rs.124 crore business loss was adequate.2 The Tribunal confirmed that when ...

Additions of unsecured loans were sustained where creditworthiness was not proved, and relief upheld only for creditors who responded to notices under section 133(6) or furnished adequate ...

The purchase consideration was paid in an earlier financial year, and only the registration occurred in the assessment year ...

New York Post may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. Formula 1 returns to America this afternoon for ...

BUDAPEST, Oct 24 (Reuters) - Hungary is working on finding a way to circumvent U.S. sanctions on Russian oil companies, Prime Minister Viktor Orban said on Friday, without giving details but giving no ...

Argentina and Colombia clash in the FIFA U-20 World Cup semis with a spot in the finals on the line. Colombia defeated Spain in the quarterfinals to reach the final four, while Argentina bested Mexico ...

France reached the U-20 World Cup quarterfinals after edging Japan 1–0 in extra time during the Round of 16. Lucas Michel delivered the decisive goal in the 121st minute, just before the match would ...

USA and Morocco square off in the FIFA U-20 World Cup quarterfinals with a spot in the semifinals on the line. The United States reached the quarterfinals after winning its group and defeating Italy ...