Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given ...

In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank ...

New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS ...

Waiting for a tax refund requires patience, and getting a message saying this is being held up can be frustrating. Most ...

According to the Income Tax Department’s latest figures, about 8.80 crore returns have been filed for the Assessment Year ...

Over 63 lakh income tax returns for Assessment Year 2025-26 remain unprocessed, delaying refunds for many taxpayers despite ...

Most of the flagged cases in December involved returns where exemptions or deductions were claimed in the ITR but did not ...

From FY 2025–26, partnership firms must deduct 10% TDS on specified payments to partners once the ₹20,000 threshold is crossed, with strict timelines for deduction and ...

Over 63 lakh income tax returns are still under processing in AY 2025–26, leaving many taxpayers waiting for refunds even ...

The number of individuals declaring annual income of over ₹1 crore has increased sharply in India, even as the overall base ...

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...

Missed the revised ITR deadline? Refunds are still safe if you filed on time. But taxpayers who skipped all filing windows ...