India’s Income Tax Department has launched Kar Saathi, an AI chatbot on its revamped portal to make ITR filing simpler. The 24/7 tool is designed to explain complex tax rules clearly, provide step-by-step guidance, and help reduce filing errors. Officials say it also aims to lower taxpayers’ dependence on experts through proactive, on-demand support.
The government has released updated Income Tax Return forms for Assessment Year 2026–27. The revised ITR-U enables taxpayers to correct past filings, with the facility available up to four years. Filing timelines determine applicable penalties. After filing, ITR-V acts as the verification document that taxpayers must submit to complete the process.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Budget 2026 reportedly pushes the revised Income Tax Return (ITR) deadline to March 31, 2026, but the benefit applies only starting Assessment Year 2026-27. For AY 2025-26, the extension is not available. Taxpayers can still file revised ITRs to correct mistakes, add missed income, or reflect changes in tax laws within a new 12-month window after the tax year ends.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
