Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...
Filing your Income Tax Return (ITR) using the wrong form can lead to your return being marked as defective by the Income Tax Department. To avoid unnecessary delays or rejections, it is important to ...
his usually happens due to excess TDS, advance tax, or self-assessment tax. Once your return is processed by the Income Tax ...
Income Tax Refund: The Income Tax (I-T) Department can process returns and issue refunds up to December 31, 2026. This means the I-T Department is still well within the timeline for processing ITRs ...
If the time of refund is greatly delayed, along with no update on the online status, contact the Centralised Processing ...
ITR-U cannot be filed once case have started, even if they are unrelated to the income disclosed in ITR-U, why Budget 2026 ...
Missed income disclosures after the December deadline? The updated return offers a second chance—but only if it results in ...
The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...
ITR refund delayed? Learn how to track your income tax refund status for 2026, find official toll-free contact numbers, and ...
ITR Filing Due Date Extension, ITR Filing 2025: The notified ITRs for AY 2025-26 have undergone structural and content ...
Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given assessment year. Once this window closes, taxpayers can no longer correct errors, ...
Income from F&O trading, whether gains or losses, is required to be reported under the head “Profits and Gains of Business or ...