Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that ...
The Income Tax Department has notified the income tax return (ITR) forms for the financial year 2024-25 (assessment year 2025-26). This year's ITR forms have been updated to incorporate the income-tax ...
Usually, it takes 4 to 5 weeks for the refund to be credited to the taxpayer's account. However, if the refund is not ...
The forms were updated for the Income Tax Act, 2025, which was enacted on August 21 and come into effect from April 1, 2026.
Many taxpayers are experiencing delays in receiving their income tax refunds due to common filing errors. These include ...
In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is ...
ITR Refund Delay: The deadline for submitting Income Tax Returns (ITR) for AY 2025-26 ended on September 16, 2025. While most ...
Income Tax: There are certain scenarios in which you can file a revised return, but these do not include the filing of a ...
Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...
Reliable tax calculators make filing for AY 2025-26 easier and more transparent. They offer precision, speed, and clarity ...
The Court held that the tax authority wrongly dismissed a delay condonation plea without considering the assessee’s serious medical condition. The ruling emphasizes that genuine hardship must be ...
A revised return can be filed before assessment or notice, while an updated return may be filed thereafter. “Once proceedings ...