The Income Tax Department has introduced an online rectification facility for taxpayers to address incorrect tax demand notices and intimations up to Assessment Year (AY) 2023-24 (Financial Year ...

The Income Tax Department has launched a new feature that allows taxpayers to file rectification applications for specific income tax orders directly online with relevant authority. This change ...

Income tax return rectification request can be filed using Section 154 of the Income Tax Act by the taxpayer in case of any mistake apparent from the record. Step 2Select the Assessment Year for which ...

Suppose the income tax refund issued to you is lower than the amount you claimed due to the Tax deducted at Source (TDS) credit denial in Form 26AS. In that case, you can request the remaining tax ...

The deadline for filing Income Tax Returns (ITRs) for Assessment Year 2023-24 was July 31, 2023. As per government data estimates, a total of 6.77 crore returns were submitted by that date. However, ...

A rectification request under section 154(1) is allowed by the Income Tax Department for correcting mistakes when there is an apparent mistake in your Income Tax Return. Representational Image: Photo: ...

Several individuals who filed their returns after 31 July have been charged a late filing fee of ₹5,000 under Section 234F of the Income Tax Act, 1961. The penalty has been charged erroneously since ...

Once the income tax returns have been processed by the tax department, the taxpayer can make changes by filing a rectification request under Section 154(1). Representational Image: Photo: Pixabay ...