No penalty is levied for revising a return, provided the original return was filed on time: ITR Revised Return Guide ...

Tax Filing Update: Mistakes in your Income Tax Return (ITR) are not uncommon. From entering the wrong income details to missing a deduction or even typing an incorrect bank account number, such errors ...

If the ITR form needs to be modified, a revised return can be submitted Deadline to revise income tax returns extended to March 31 with a nominal fee Taxpayers now have 12 months to file revised ...

In good news for taxpayers, the deadline to file a revised income tax return (ITR) has been extended. Taxpayers can now file revised returns until March 31 of the relevant assessment year, instead of ...

At present, the time limits for filing belated returns and revised returns coincide, both being nine months from the end of the tax year Tax return revision deadline extended to March 31 from December ...

ITAT Mumbai held that appellate forums can entertain additional claims even without a revised return. The matter was remanded to the AO for verification of the alleged double taxation ...