Filed ITR-1 or ITR-4 but now can’t find schedule foreign assets' information in revised form, here’s what you should do

Many taxpayers face issues with missing foreign asset and income details in revised Income Tax Returns. If a taxpayer has any ...

Foreign asset schedules missing in revised ITR after filing ITR-1/4? I-T dept explains solution

Many taxpayers revising their Income Tax Returns this year are hitting an unexpected snag. Details of foreign assets or ...
CNBCTV18

How taxpayers should report foreign assets and revise ITR under CBDT’s NUDGE 2.0

Taxpayers classified as resident and ordinarily resident must report overseas bank accounts, foreign shares or securities, ...
Tax Guru

Revenue Appeal Dismissed Due to Wrong Forum Selection

The ITAT held that appeals must be filed before the correct jurisdictional bench. An appeal filed before the wrong Tribunal is liable to dismissal at the ...
Tax Guru

Section 148 Notice Invalid Because Dispatch Date, Not Signature Date, Determines Issuance

ITAT held that a reassessment notice dispatched after new law took effect must follow Section 148A and failure to do so ...

ITR refund delay explained: Reasons why your tax refund is delayed this year and how to check status

Many taxpayers are experiencing delays in receiving their income tax refunds due to common filing errors. These include failing to verify ITRs within 30 days, not addressing defects, or having ...

Got foreign asset or income related intimation from Income Tax Dept? Here's what CAs tell what you should do now

The Income Tax Department is alerting taxpayers about foreign assets and income. Income earned from abroad requires reporting ...

Income Tax in India

Understand Income Tax in India for FY 2025-26, including the latest tax rules, new & old tax slab rates, deductions, exemptions, special tax rates, and the complete ITR filing process under the ...