The ITR filing utilites for ITR-2 and ITR-3 has been updated on January 4, 2025 however, the JSON schema is not yet updated ...

Following the Bombay High Court order to extend the revised and belated income tax return (ITR) deadline to January 15, 2025, ...

Taxpayers should note that these changes will only be implemented on the back end for the ITR-2 and ITR-3 forms.

The decision comes after the Bombay High Court directed the IT department to extend the due date for claiming the benefit.

Interim Relief for Claiming 87A Rebate AY 2024-25 1. Hon’ble Bombay High Court vide interim order dated 20/12/2024 directed ...

Even if your return has been processed and you have received a refund or paid any additional tax that may have been demanded, you can revise your return.

The Bombay High Court has asked the Central Board of Direct Taxes (CBDT) to extend the deadline for filing revised and ...

then that amount will be the rebate under section 87A. This rebate is applied to the total tax before adding the education cess of 4% Following are a few examples of the 87A rebate allowed to ...

The CBDT has extended the deadline for filing income tax returns for residents to January 15, 2025, from December 31, 2024, ...

The countdown for the union budget has officially begun as we enter the new year. As Finance Minister Nirmala Sitaraman will ...

Rebate under 87A is a very useful section of the income tax law in India. Knowing about it can help you save on your taxes. Never hesitate to learn To understand the basics of the income tax law ...

"This extension is to ensure that all taxpayers are eligible for the rebate under Section 87A.", the court said.