What Will Happen If You Do Not File Your ITR Before The Deadline

11 months, 4 weeks ago

What Will Happen If You Do Not File Your ITR Before The Deadline

March has ended, and with the income tax filing season in full swing, individuals are busy ensuring they meet their tax obligations. Missing this deadline can impact your ability to choose between the old and new tax regimes. Filing before this deadline allows taxpayers to select between the old and new tax regimes. In contrast, the old tax regime offers over 70 exemptions and deductions, including HRA and LTA, which can significantly reduce taxable income and lower tax payments. By adhering to the deadline and filing taxes on time, individuals can make informed decisions regarding their tax regime, ensuring optimal tax planning and compliance.

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Income Tax Return 2025: What's new in the ITR-2 filing process?

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Income Tax Return 2025: What's new in the ITR-2 filing process?

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Don't Miss These Deadline: Key Financial Decisions To Make Before March 31

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Don't Miss These Deadline: Key Financial Decisions To Make Before March 31

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ITR deadline: Taxpayers can file updated returns for FY22, FY23 before March 31 | Check all details here

4 weeks, 1 day ago

ITR deadline: Taxpayers can file updated returns for FY22, FY23 before March 31 | Check all details here

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Can a tax refund be claimed only before ITR filing due date?

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Can a tax refund be claimed only before ITR filing due date?

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New Income Tax Bill: Will taxpayers with late ITR filings lose refunds?

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Income Tax: ITR(U) filing deadline extended to 48 months–Key details you need to know

2 months ago

Income Tax: ITR(U) filing deadline extended to 48 months–Key details you need to know

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Updated tax returns: Budget 2025 offers a wider window to report omitted income

2 months ago

Updated tax returns: Budget 2025 offers a wider window to report omitted income

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Budget 2025: FM extends deadline to file updated ITR from two to four years

2 months ago

Budget 2025: FM extends deadline to file updated ITR from two to four years

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Tax season 2025 begins: Key deadlines, refund timelines & new rules

2 months ago

Tax season 2025 begins: Key deadlines, refund timelines & new rules

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3.4m people have until end of January to file tax returns

2 months, 1 week ago

3.4m people have until end of January to file tax returns

The Independent

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ITR Filing Deadline: What's the last date to file revised or belated ITR?

2 months, 3 weeks ago

ITR Filing Deadline: What's the last date to file revised or belated ITR?

Hindustan Times

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ITR filing: Why you should file belated, revised tax returns by January 15

2 months, 3 weeks ago

ITR filing: Why you should file belated, revised tax returns by January 15

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ITR filing deadline: Last 2 days to file late income tax, penalty, how to file return after due date?

2 months, 3 weeks ago

ITR filing deadline: Last 2 days to file late income tax, penalty, how to file return after due date?

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Filing ITR: You can file updated income tax return for past two years before March 31. Check the rules that apply

2 months, 3 weeks ago

Filing ITR: You can file updated income tax return for past two years before March 31. Check the rules that apply

Tax

IRS announces 2025 tax season start: Key details for US taxpayers

2 months, 3 weeks ago

IRS announces 2025 tax season start: Key details for US taxpayers

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The IRS will start accepting 2024 federal tax returns on January 27

2 months, 3 weeks ago

The IRS will start accepting 2024 federal tax returns on January 27

Filing

Income Tax Deadline! Last one week to file revised, belated return

2 months, 4 weeks ago

Income Tax Deadline! Last one week to file revised, belated return

Tax

Missed the Income Tax deadline? File your belated return by January 15

2 months, 4 weeks ago

Missed the Income Tax deadline? File your belated return by January 15

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ITR filing: Approval for condonation of delay helps this taxpayer save over ₹3.42 lakh

2 months, 4 weeks ago

ITR filing: Approval for condonation of delay helps this taxpayer save over ₹3.42 lakh

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ITR filing: Why you should declare foreign assets by January 15

2 months, 4 weeks ago

ITR filing: Why you should declare foreign assets by January 15

Assets

New deadline to file belated/revised ITR extended to 15 January for resident taxpayers

3 months ago

New deadline to file belated/revised ITR extended to 15 January for resident taxpayers

Tax

ITR Filing: Authorities Extend Last Date For Submitting Belated Tax Returns. Check The New Date Here

3 months ago

ITR Filing: Authorities Extend Last Date For Submitting Belated Tax Returns. Check The New Date Here

Tax

ITR filing deadline extension: Income tax department announces relief for these taxpayers. Details here

3 months ago

ITR filing deadline extension: Income tax department announces relief for these taxpayers. Details here

Income

ITR filing: Last 1 week to go before these income tax deadlines expire on Dec 31

3 months, 1 week ago

ITR filing: Last 1 week to go before these income tax deadlines expire on Dec 31

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HC comes to taxpayers’ aid, postpones ITR filing deadline

3 months, 1 week ago

HC comes to taxpayers’ aid, postpones ITR filing deadline

Hindustan Times

India

Missed ITR deadline? Here's your guide to filing belated return for AY 2024-25

3 months, 2 weeks ago

Missed ITR deadline? Here's your guide to filing belated return for AY 2024-25

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Missed filing tax returns in July? File your belated ITR for FY24 by December 31

3 months, 2 weeks ago

Missed filing tax returns in July? File your belated ITR for FY24 by December 31

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Belated Income Tax Return: You can file it before Dec 31. Check details

3 months, 2 weeks ago

Belated Income Tax Return: You can file it before Dec 31. Check details

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ITR advance tax deadline on December 15: What is it? How to pay tax before due date? Here’s all you need to know

3 months, 3 weeks ago

ITR advance tax deadline on December 15: What is it? How to pay tax before due date? Here’s all you need to know

Tax

Missed filing your ITR in July? You’ll have to pay a ₹10,000 fine if you fail to meet this deadline as well

3 months, 3 weeks ago

Missed filing your ITR in July? You’ll have to pay a ₹10,000 fine if you fail to meet this deadline as well

Tax

December tax deadlines: Your essential guide for ITR compliance

4 months ago

December tax deadlines: Your essential guide for ITR compliance

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Tax Deadline: Authorities Extend Last Date For Filing ITRs. Find New Date Here

4 months ago

Tax Deadline: Authorities Extend Last Date For Filing ITRs. Find New Date Here

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ITR deadline: Has income tax return deadline for audit cases been extended?

4 months, 2 weeks ago

ITR deadline: Has income tax return deadline for audit cases been extended?

Hindustan Times

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ITR filing: Deadline to file tax returns for corporates, some taxpayers is November 15; Check penalty and other details

4 months, 3 weeks ago

ITR filing: Deadline to file tax returns for corporates, some taxpayers is November 15; Check penalty and other details

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ITR deadline is November 15, 2024 for these taxpayers: Check details

4 months, 3 weeks ago

ITR deadline is November 15, 2024 for these taxpayers: Check details

Hindustan Times

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Income Tax Deadline: Last one week left to file tax return for THESE taxpayers. Check details

4 months, 3 weeks ago

Income Tax Deadline: Last one week left to file tax return for THESE taxpayers. Check details

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ITR 2024 Refund Delayed? Here's Why It's Taking Longer And How To Track It

7 months, 1 week ago

ITR 2024 Refund Delayed? Here's Why It's Taking Longer And How To Track It

Income

Extend ITR Filing Deadline To Aug 31; Tax Practitioners Urge Amid Portal Issue, Flood and Landslide

8 months ago

Extend ITR Filing Deadline To Aug 31; Tax Practitioners Urge Amid Portal Issue, Flood and Landslide

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ITR Filing 2024: What Happens If You Miss The July 31 Deadline? All About Belated ITR

8 months, 1 week ago

ITR Filing 2024: What Happens If You Miss The July 31 Deadline? All About Belated ITR

Tax

Income Tax dept warns ITR filers of stern action in case of bogus TDS claim | Check last date

8 months, 1 week ago

Income Tax dept warns ITR filers of stern action in case of bogus TDS claim | Check last date

Tax

ITR 2024: Avoid THESE mistakes when filing Income Tax return, otherwise your form may get cancelled

8 months, 2 weeks ago

ITR 2024: Avoid THESE mistakes when filing Income Tax return, otherwise your form may get cancelled

Tax

ITR E-filing portal glitches: Will Income Tax return deadline be extended beyond July 31?

8 months, 2 weeks ago

ITR E-filing portal glitches: Will Income Tax return deadline be extended beyond July 31?

Hindustan Times

Tax

ITR filing 2024: Keep these five things in mind before filing income tax return

8 months, 3 weeks ago

ITR filing 2024: Keep these five things in mind before filing income tax return

Tax

ITR Filing: Why It Is Necessary to File Income Tax Return AY 2024-25 Well Before the Deadline?

9 months ago

ITR Filing: Why It Is Necessary to File Income Tax Return AY 2024-25 Well Before the Deadline?

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Filing Your Income Tax Return: Here Are Important Dates And Potential Penalties

9 months ago

Filing Your Income Tax Return: Here Are Important Dates And Potential Penalties

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Income Tax Return (ITR) 2023-24: 6 Essential points and 6 tips for error-free filing

9 months, 1 week ago

Income Tax Return (ITR) 2023-24: 6 Essential points and 6 tips for error-free filing

Hindustan Times

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Submitted wrong ITR form? Know how many times you can revise return

10 months ago

Submitted wrong ITR form? Know how many times you can revise return

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ITR 2024: Mandatory and Optional, Keep These Documents For Income Tax Return Filing, Check Full List

10 months, 1 week ago

ITR 2024: Mandatory and Optional, Keep These Documents For Income Tax Return Filing, Check Full List

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ITR Filing AY 2024-25: Boost Your Tax Refund By Claiming THESE 5 Lesser-Known Deductions

10 months, 3 weeks ago

ITR Filing AY 2024-25: Boost Your Tax Refund By Claiming THESE 5 Lesser-Known Deductions

Tax

ITR calendar 2024: Important dates and deadlines you must not miss

11 months ago

ITR calendar 2024: Important dates and deadlines you must not miss

Hindustan Times

Tax

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Income tax return 2025: ITR-2 filing now made easier

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The new financial year has arrived, and that means it's time to submit your Income Tax Return for Assessment Year 2025-26. However, this time, the Income Tax Department has made …

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How to claim your IRS $1,400 stimulus check in April? Eligibility details and deadline details

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How to claim your IRS $1,400 stimulus check in April? Eligibility details and deadline details

More than 1 million eligible Americans still have time to claim their missed payments before April 15, 2025, the IRS's $1,400 stimulus check deadline draws near. Millions of eligible individuals …

Hindustan Times

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Received a wrong tax demand notice? Here's how to rectify it online

3 days, 10 hours ago

Received a wrong tax demand notice? Here's how to rectify it online

The Income Tax Department has made it easier to fix mistakes in tax notices and intimations. If you’ve received a wrong tax demand notice or an error in your ITR …

Tax Cpc Itr Rectification

IRS tax refund April 2025: Who will get back their deposit this month? Schedule here

4 days, 14 hours ago

IRS tax refund April 2025: Who will get back their deposit this month? Schedule here

As the April 15 deadline for IRS tax filing nears, thousands flock to the agency's website to check their refund status. Thousands of taxpayers will receive their IRS refunds in …

Hindustan Times

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Income Tax Deadline! Last 2 days to invest in tax-saving instruments for FY 25. Check details here

6 days, 4 hours ago

Income Tax Deadline! Last 2 days to invest in tax-saving instruments for FY 25. Check details here

Income Tax: If you are planning to opt for old tax regime at the time of filing your income tax return in July this year for FY 2024-25, it is …

Income Tax Invest Regime Scheme

What to do if you can’t pay the taxes you owe

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What to do if you can’t pay the taxes you owe

If you know or suspect you can’t pay the taxes you owe this tax season, you should still file a return with that information or file for an extension. “The …

LA Times

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What to do if you can’t pay the taxes you owe

1 week ago

What to do if you can’t pay the taxes you owe

NEW YORK — If you know or suspect you can’t pay the taxes you owe this tax season, you should still file a return with that information or file for …

Associated Press

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Eid-ul-Fitr 2025 holiday, last day of fiscal year: Are banks, income tax offices, insurers open on March 31?

1 week, 1 day ago

Eid-ul-Fitr 2025 holiday, last day of fiscal year: Are banks, income tax offices, insurers open on March 31?

This year, the last day of the financial year coincides with Eid-ul-Fitr celebrations. Many are likely wondering whether all the major financial institutions, such as banks and income tax departments, …

Tax Income 2025 Open

How to file Income Tax Returns without a CA: A simple guide

1 week, 4 days ago

How to file Income Tax Returns without a CA: A simple guide

As the financial year 2024-25 concludes, numerous taxpayers may be considering whether they can file their Income Tax Returns independently, without seeking the help of Chartered Accountants. To start off, …

Hindustan Times

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Over 90 lakh updated tax returns filed, ₹9,118 crore additional taxes mobilised

1 week, 5 days ago

Over 90 lakh updated tax returns filed, ₹9,118 crore additional taxes mobilised

Over 90 lakh updated Income Tax Returns have been filed over the last four years which fetched ₹9,118 crore to the exchequer, Parliament was informed on Monday. In the current …

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ITR deadline nears: Avoid rent receipt errors and tax fraud detection tips

1 week, 5 days ago

ITR deadline nears: Avoid rent receipt errors and tax fraud detection tips

As the March 31 deadline for advance tax payments approaches, taxpayers need to start thinking about making payments to avoid penalties and make tax-saving maximisations. REDUCE COSTS BEFORE DEADLINE Utilise …

Tax Payments Income Pan

Unable to claim IRS $1400 stimulus check by April 15? Here's what happens

1 week, 5 days ago

Unable to claim IRS $1400 stimulus check by April 15? Here's what happens

The Internal Revenue Service has given thousands of Americans a chance to claim up to $1400 stimulus money by April 15. Taxpayers need to file a 2021 tax return to …

Hindustan Times

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Haven’t filed your 2021 tax return? You might be missing out on a COVID stimulus check

2 weeks, 1 day ago

Haven’t filed your 2021 tax return? You might be missing out on a COVID stimulus check

If you haven’t filed your 2021 tax returns you might be missing out on a COVID-19 stimulus payment. Taxpayers who haven’t filed 2021 tax returns who may be eligible for …

LA Times

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Income tax hack: Do this by 31 March to avoid interest on advance tax shortfall

2 weeks, 3 days ago

Income tax hack: Do this by 31 March to avoid interest on advance tax shortfall

Imagine realizing in March that you owe additional taxes—plus interest—because you missed your advance tax payments. A simple declaration to your employer before the financial year ends can help you …

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Income tax hack: Do this by 31 March to avoid interest on advance tax shortfall

2 weeks, 3 days ago

Income tax hack: Do this by 31 March to avoid interest on advance tax shortfall

Imagine realizing in March that you owe additional taxes—plus interest—because you missed your advance tax payments. A simple declaration to your employer before the financial year ends can help you …

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Over 4.68 lakh taxpayers file ITR for income over ₹1 crore till Feb 28, shows latest data

2 weeks, 4 days ago

Over 4.68 lakh taxpayers file ITR for income over ₹1 crore till Feb 28, shows latest data

The latest data released by the income tax department shows that over 9.11 crore registered users have filed their income tax returns for FY 2024-25 until Feb 28, 2025. This …

Growth Tax Income Crore

Deadline Alert! Last two weeks left to invest in tax-saving instruments. 5 key points to know

2 weeks, 6 days ago

Deadline Alert! Last two weeks left to invest in tax-saving instruments. 5 key points to know

Income Tax: Last two weeks are left to invest in tax saving instruments to be able to claim tax deduction for FY 2024-25. Notably, if your tax calculation in the …

Tax Saving Invest Regime

Income Tax: These important deadlines expire before March 31. Check list here

3 weeks ago

Income Tax: These important deadlines expire before March 31. Check list here

Meeting income tax deadline is vital for the taxpayers, failing which they stand to miss out on tax benefits or may even have to pay penalties, fees or fines. Investing …

Income Tax Deduction Tax Deadlines

Is Form 16 necessary for ITR filing? What to do if you don't have it?

3 weeks, 2 days ago

Is Form 16 necessary for ITR filing? What to do if you don't have it?

From next month onwards, i.e, from April 1, 2025, taxpayers can start filing their income tax returns for AY 2025-26. Employers will issue Form 16 to salaried employees, detailing salary, …

Tax Income Form Filing

Income tax deadline: Only 3 days left to pay last instalment of advance tax

3 weeks, 2 days ago

Income tax deadline: Only 3 days left to pay last instalment of advance tax

The Income Tax Department has issued a reminder that the last instalment of advance tax for the financial year 2024-25 must be paid by March 15, 2025. The IT Department …

Tax Pay Instalment

March 15 advance tax deadline: Are you required to pay?

3 weeks, 2 days ago

March 15 advance tax deadline: Are you required to pay?

The deadline to pay the final instalment of advance tax for the financial year 2024-25 is March 15, 2025. The Income Tax Department wrote in a post on X, “The …

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Deadline Alert! Last 3 weeks to invest in tax saving instruments to claim deduction, check details here

3 weeks, 6 days ago

Deadline Alert! Last 3 weeks to invest in tax saving instruments to claim deduction, check details here

With financial year 2024-25 soon coming to an end, only three weeks are remaining before the taxpayers can invest in the tax-saving instruments such as PPF, NSC, KVP, SSY and …

Invest Claim Deduction Income Tax Deduction

These 3 money deadlines you can't miss in March 2025

4 weeks, 1 day ago

These 3 money deadlines you can't miss in March 2025

As the financial year is ending on March 31, 2025, certain money matters require urgent attention. From locking in high fixed deposit rates to filing income tax returns correctly, here’s …

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How to file Income Tax Returns? Step-by-step guide on ITR filing, documents required

1 month ago

How to file Income Tax Returns? Step-by-step guide on ITR filing, documents required

With the start of the new financial year nearing, the window for filing of Income Tax Returns for assessment year 2025-26 is also closing in. AIS shows both reported value …

Hindustan Times

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ITR-1 (Sahaj) vs ITR-4 (Sugam): Differences, eligibility, which you should choose

1 month ago

ITR-1 (Sahaj) vs ITR-4 (Sugam): Differences, eligibility, which you should choose

Submission of your Income Tax Return correctly will help to escape legal woes and hassle-free tax compliance. 50 lakhs Earn income from rental on more than one house property Held …

India Property Income Tax Itr

ITR filing 2025: How often can Indian taxpayers switch between new and old income tax regimes?

1 month ago

ITR filing 2025: How often can Indian taxpayers switch between new and old income tax regimes?

In India, taxpayers can choose between the old and new income tax regimes, each offering distinct benefits. The choice to opt for the old tax regime must be made before …

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Income Tax Deadline: Taxpayers can file an updated return before March 31 for THIS year, check details

1 month ago

Income Tax Deadline: Taxpayers can file an updated return before March 31 for THIS year, check details

Those taxpayers who want to updated their income tax return of previous two years can file an updated return before March 31. Although you can file the updated return anytime …

Income Tax File Return Updated

Tax time! Get ready to file your 2024 tax return

1 month, 1 week ago

Tax time! Get ready to file your 2024 tax return

The “crocus” spring holiday is over, lighter days are returning and temperatures are rising. Although the tax office opens officially for early filing in March, Blue Umbrella tax advisors say …

Dutch Netherlands Pay 2024

IRS Tax Return: Will IRS layoffs delay refund, affect revenue collection?

1 month, 1 week ago

IRS Tax Return: Will IRS layoffs delay refund, affect revenue collection?

Tax filing season in the United States is underway, but concerns are growing that tax refunds may be delayed due to anticipated staffing cuts at the Internal Revenue Service. "Staffing …

Trump Irs Cuts Refund

IRS refund: How to file and track tax refund for 2025

1 month, 2 weeks ago

IRS refund: How to file and track tax refund for 2025

US' Internal Revenue Service is now accepting federal individual tax returns on income earned in the year 2024. In some cases, people who haven't paid tax may still get a …

Hindustan Times

Tax Check Irs Refund

New Income tax bill 2025: MUST know tax refund rule during ITR filing

1 month, 2 weeks ago

New Income tax bill 2025: MUST know tax refund rule during ITR filing

The introduction of the Income Tax Bill 2025 in the Lok Sabha sparked concerns among taxpayers about their eligibility for refunds if they file their Income Tax Return after the …

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IRS will lay off thousands of probationary workers in the middle of tax season

1 month, 2 weeks ago

IRS will lay off thousands of probationary workers in the middle of tax season

WASHINGTON — The IRS will lay off thousands of probationary workers in the middle of tax season, according to two sources familiar with the agency’s plans, and cuts could happen …

Associated Press

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New Income Tax Bill 2025: What are expected changes and how will they affect you?

1 month, 3 weeks ago

New Income Tax Bill 2025: What are expected changes and how will they affect you?

The central government may table the new Income Tax Bill 2025 in Parliament on February 13. The bill proposes to replace the term ‘Financial Year’ with the term ‘Tax Year’ …

Hindustan Times

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Bad news for IRS employees: No buyouts until tax season ends

1 month, 4 weeks ago

Bad news for IRS employees: No buyouts until tax season ends

IRS employees working through the 2025 tax season won’t be able to accept a buyout offer from the Trump administration until after the filing deadline, according to an internal letter …

Tax Employees Irs Buyout

Budget 2025: Will you have to file ITR even if tax liability is zero?

2 months ago

Budget 2025: Will you have to file ITR even if tax liability is zero?

In a massive relief to the middle class, Union finance minister Nirmala Sitharaman announced that no income tax will be payable on income up to ₹12 lakh. Akhil Chandna, Partner, …

Hindustan Times

Income Lakh Regime Sitharaman

Do you need to file ITR if no income tax is payable?

2 months ago

Do you need to file ITR if no income tax is payable?

Finance Minister Nirmala Sitharaman on Saturday announced relief for millions of middle-class taxpayers, stating that individuals earning up to Rs 12 lakh annually will not have to pay income tax. …

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Self assessment: What you need to file a HMRC tax return with deadline today

2 months ago

Self assessment: What you need to file a HMRC tax return with deadline today

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth …

The Independent

Tax Income Interest This Year

Self-assessment deadline: Expert tips for filing your first tax return – and how to do better next year

2 months ago

Self-assessment deadline: Expert tips for filing your first tax return – and how to do better next year

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth …

The Independent

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Income tax return filing: Nil tax liability, but need ITR for a home loan, where to start?

2 months, 1 week ago

Income tax return filing: Nil tax liability, but need ITR for a home loan, where to start?

I have never filed my ITR, as my tax liability has been nil. Your understanding that one has to file his Income Tax Return only if he has any tax …

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Budget 2025: Will FM Sitharaman announce a new Income Tax Act soon? Experts expect easier ITR filing rules, TDS tweaks

2 months, 1 week ago

Budget 2025: Will FM Sitharaman announce a new Income Tax Act soon? Experts expect easier ITR filing rules, TDS tweaks

During the Budget 2024 speech, Union Finance Minister Nirmala Sitharaman announced that the income tax law will undergo a comprehensive review. Therefore, directionally, towards revamping the Income Tax Act, it …

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