Explore the significant delays in income tax refunds for FY 2024-25, their causes, including AIS mismatches and processing ...

In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is ...

Generally, the delay in transactions is due to technical reasons. However, refunds are typically credited into the bank ...

Tax refund delays can often stem from mistakes made by taxpayers. Make sure to double-check your Income Tax Return (ITR) ...

The delay is mainly due to high-value ITR filing, which the department is carefully scrutinizing to avoid any mishap. That ...

There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an ...

The ITR filing deadline for this year was September 16 and taxpayers have been expecting their tax refunds for a while now.

The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act, 1961. This change will have the potential to make tax filing more digital, easier and clearer ...

Breaks down Section 234F penalties, 1% monthly interest, and the hidden loss of tax benefits that arise when returns are ...

CBDT will be sending SMSs and emails to taxpayers who’ve been identified as not disclosing foreign income and assets in the ...

Car buyers purchasing vehicles above ₹10 lakh can reclaim 1% Tax Collected at Source (TCS) deposited by dealers. This amount, ...