Filing an Income Tax Return (ITR) can be a daunting task, and mistakes can occur. A revised ITR is a solution to rectify errors or omissions in the original return. This comprehensive guide covers revised ITR filing deadlines, common errors, procedures, and tips to help you navigate the process with ease.

This blog post serves as a one-stop resource for businesses in India navigating the Goods and Services Tax (GST) regime. It provides a clear understanding of various GST return types and their applicability. The core focus is on the crucial due dates for filing GST returns in June 2024. A well-organized table summarizes the deadlines for each return type, along with a brief description and applicability criteria. The blog emphasizes the importance of staying updated on potential changes to these deadlines by referring to the official GST portal.

Failing to file income tax returns on time in India can result in significant penalties and legal consequences. This article details the penalties based on income levels and taxpayer categories, such as salaried individuals, companies, self-employed individuals, and senior citizens. It also covers factors affecting penalty amounts and offers tips to avoid penalties, emphasizing timely compliance, accurate record-keeping, and seeking professional help if necessary.