New Delhi, Dec. 30 -- Filing an Income Tax Return (ITR) is often a detailed and time-consuming process, and it is not uncommon for taxpayers to make errors along the way. These mistakes can range from minor issues, such as incorrect personal details or calculation errors, to more significant ones, including missing income, selecting the wrong tax regime, or claiming deductions incorrectly.
However, the good news is that the income tax system offers taxpayers the opportunity to correct these errors. These corrections can be made by filing a revised return, which in turn will help you avoid penalties as long as you rectify the mistakes within the prescribed timelines.
For taxpayers who filed their ITRs on 16 September for Assessment Year ...
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