Filed Wrong ITR in 2025? Here’s How to Correct Mistakes Without Paying Penalty Before December 31 The deadline to file Income Tax Returns (ITR) for the financial year 2024–25 (assessment year 2025–26) ...

Taxpayers across the country are increasingly filing incorrect and incomplete ITR forms, this has resulted in triggering ‘defective return’ notices under Section 139(9) of the Income Tax Act over ...

ITR filing mistakes: Tax advisory platform Tax Buddy recently highlighted a real-world case study to caution taxpayers about the importance of verifying their Annual Information Statement (AIS) before ...

ITR form: If you end up filing the wrong ITR form, it is advisable that you don’t panic, because the Income Tax Department lets you file a revised return. (Image: Canva) For most taxpayers, filing an ...

Understand how the Finance Act, 2025, changes the way you can update past income tax returns—along with the penalties and restrictions involved. The ITR-U form offers a second chance to taxpayers who ...