Income Tax: What is revised I-T return which you can file till the end of the calendar year?

Revision of income tax (I-T) can be done at any time three months before the end of the assessment year or before the ...

Deadline to file TDS/TCS correction statement announced: File your request on time or risk missing credit in Form 26AS or AIS

The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all ...

IRS Shuts Down Free Direct File Tool—Here’s What Taxpayers Can Use Instead

The IRS Direct File will not be available for the upcoming tax filing season. However, other programs like the Free File and ...

The IRS is eliminating a free way to file tax returns. Here's what to know

The program developed during Joe Biden’s presidency was credited by users with making tax filing easy, fast and economical.
Journal of Accountancy

IRS ends Direct File, shifts focus to Free File upgrades and private sector

The IRS cited low usage and high costs as reasons for shuttering the program, which began during the previous administration.
Tax Guru

Changes in Correction Rules for TDS & TCS Returns & Time Limitations

Effective April 1, 2026, the statutory limit for correcting TDS/TCS returns is 2 years from the FY end. This new rule eliminates unlimited revisions, demanding timely compliance to avoid penalties and ...