In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank ...
ITR filing FY 2024-25: The Income Tax Department has now made available the excel utilities for ITR-2 and ITR-3 forms, enabling individuals with taxable capital gains, crypto income and other ...
I-T Department's deadline given to people for filing their revised ITRs is in focus now. However, some refunds filed have ...
Income Tax Department urges taxpayers to file revised or belated returns for AY 2025–26 by December 31 to avoid higher tax ...
Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via ...
The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...
December 31 is the final day to file both belated and revised income tax returns for Assessment Year 2025–26. Once this ...
The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...
The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ITR. It needs to be noted that your refund could be stuck if you do not ...
Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...
The Updated Return mechanism was introduced to promote voluntary tax compliance even after the expiry of the belated and ...