ITR-U filing before March 31: Last chance to update old tax returns and avoid higher penalty

Taxpayers can file ITR-U within 48 months from the end of the relevant assessment year. This means the updated return for ...

Old vs new income tax rules: Which set of rules will apply when you file your ITR for FY 2025-26?

Taxpayers filing returns in 2026 will use the old Income Tax Act, 1961. The new Income-tax Act, 2025, takes effect from April ...