Explore the significant delays in income tax refunds for FY 2024-25, their causes, including AIS mismatches and processing ...
Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...
Bank customers and pensioners face crucial deadlines in November 2025. SBI is discontinuing its mCASH service. Pensioners ...
Revised returns serve as a safety net for correcting inaccuracies in original or belated returns, such as omitted income, ...
Generally, the delay in transactions is due to technical reasons. However, refunds are typically credited into the bank ...
Ahmedabad: The Gujarat high court granted relief to an 82-year-old woman, Shushila Patel, for her failure to file an income ...
Breaks down Section 234F penalties, 1% monthly interest, and the hidden loss of tax benefits that arise when returns are ...
CBDT Chairman Ravi Agrawal explained that the Income Tax Department is currently scrutinising cases where taxpayers may have ...
The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act, 1961. This change ...
There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an ...
If your ITR refund for FY24–25 hasn’t arrived yet, you’re not alone. Many taxpayers are seeing longer delays this year. The ...
The Delhi High Court recently condoned the delay by an assessee in filing his Income Tax Return, citing his health condition ...