India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...
Every year, millions of taxpayers file their income tax returns on time to receive their refunds quickly and avoid future ...
Income Tax ITR filing due date extension: The ITR filing deadline countdown has set off new speculation about an extension of ...
As per the Income Tax Department guidelines, it generally takes 4 weeks to 5 weeks to credit a refund to a taxpayers account.
● If you have business or professional income and you want the old regime, you must file Form 10-IEA within the due date under section 139 (1), as per the Income Tax Department guidance. On the portal ...
SBI Refund Enquiries: If the portal shows ‘Refund Paid’ but funds aren’t received, SBI is the official refund banker. Call ...
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 ...
Refunds are being delayed due to mismatches, unverified returns or clarification notices. Here’s what your notice means and ...
Income Tax Refund Delayed: Income tax refunds are typically delayed when returns are not fully processed or when ...
These can increase your tax liability and also result in penalties, fines and notices from the tax department.
Missed income disclosures after the December deadline? The updated return offers a second chance—but only if it results in ...
The court held that repeated resignation of key accounts staff constituted genuine hardship. Rejection of delay condonation under Section 119(2)(b) was set aside, directing acceptance of the belated ...