Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...

I-T Department's deadline given to people for filing their revised ITRs is in focus now. However, some refunds filed have ...

Income Tax Department urges taxpayers to file revised or belated returns for AY 2025–26 by December 31 to avoid higher tax ...

Taxpayers filing revised or belated ITRs by December 31, 2025, have until December 31, 2026, for the Income Tax Department to ...

Difficulty in financial planning, especially for individuals and businesses relying on timely refunds. Recommendation CBDT ...

The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ITR. It needs to be noted that your refund could be stuck if you do not ...

Taxpayers filing for FY 2024-25 are experiencing delayed refunds, though the Income Tax Department remains within statutory processing timelines. Delays often stem from high-value claims, pending ...

According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...

Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...

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

Filing an Income Tax Return can lead to errors, from minor mistakes to significant omissions. Taxpayers can correct these by ...

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