ITR – SRK Analytics

Understanding Authorized Representatives in Income Tax Filings: A Comprehensive Guide

Taxpayers in India are increasingly utilizing the provision of appointing an authorized representative to manage their income-tax return (ITR) filings and related proceedings. As of 2024, the Income Tax Act…

Prasenjit Bhowmik July 8, 2026

Economy

Tax Filing Deadline Approaches: Why Authorities Remain Firm on July 31

With the July 31 deadline for filing Income Tax Returns (ITR) for the assessment year 2024-25 rapidly approaching, taxpayers across India are facing a critical window to submit their documents…

Prasenjit Bhowmik July 8, 2026

Economy

7 Essential Income Tax Limits Every Taxpayer Must Monitor to Avoid Penalties

Stay penalty-free by mastering the 7 crucial income tax limits on transactions that every taxpayer must monitor this fiscal year.

Prasenjit Bhowmik July 7, 2026

Economy

Tax Credit Mismatches: How to Protect Your Refund and Prevent Compliance Issues

Avoid refund delays and compliance issues by understanding tax credit mismatches and how to reconcile your ITR with tax department records.

Prasenjit Bhowmik July 6, 2026

Economy

ITR Filing 2026: Tax Department Clarifies Transition Rules

The Income Tax Department has officially addressed growing taxpayer confusion regarding the transition to the new tax filing system scheduled for 2026, confirming that individuals will not be required to…

Prasenjit Bhowmik July 2, 2026

Economy

Income Tax Return Calendar Gets Major Reset: New Filing Deadlines and Extended Revision Windows

In a significant shift for the fiscal calendar, tax authorities have announced a restructured timeline for Income Tax Return (ITR) filings, providing distinct deadlines for different categories of taxpayers. Effective…

Prasenjit Bhowmik June 30, 2026

Economy

The Essential Guide to e-Verifying Your Income Tax Return

Taxpayers filing their Income Tax Returns (ITR) in India must complete the mandatory e-Verification process within 30 days of submission to ensure their returns are legally valid. The Income Tax…

Prasenjit Bhowmik June 29, 2026