What happens if you file the wrong ITR form? Consequences and how to fix it
· livemint.com
The Income Tax department has notified ITR forms for FY 2025-26. Taxpayers must select appropriate forms to avoid defects that delay processing and refunds. Here's what happens if a person files the wrong ITR form.
The Income Tax department has notified all income tax return (ITR) forms for assessment year 2026-27 (FY 2025-26) and enabled excel utility for the ITR-1 and IT...