From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...
In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, ...
Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and ...
Income tax refunds usually get delayed because often times the returns are not fully processed, or the I-T Department finds ...
Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...
Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...
Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...
Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...
Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...
Many taxpayers are concerned about the imminent deadline for filing revised and belated income tax returns, with some ...
According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...
Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via ...