Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...

Filing Income Tax Returns (ITR) every year is a cumbersome task for most people. Selecting the right form, filling in the ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

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 return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via ...

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...

Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant assessment year under Section 139(5) of the Income Tax Act, 1961.

If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...

In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank account validation issues, or cases selected for scrutiny.

Up to December 31, taxpayers still had the option to file a belated return if they missed the original due date or submit a revised return to fix mistakes in an already filed ITR. However, once the ...