Taxpayers are entitled to their refund if the Income Tax Department's CPC fails to process their ITR within the statutory ...
If your net income tax liability is lower than the total income tax paid, you are eligible for a tax refund in most cases. In some cases, the tax department adjusts current years’ tax refund with past ...
Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that ...
A tax return is referred to as a ‘belated return’ when it is filed after the end of the original due date mentioned under ...
Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...
The refund process begins only after your ITR has been successfully e-verified. In most cases, refunds are credited within ...
If you file an updated return later, you will have to pay interest and additional tax, and will not be able to claim refunds ...
ITR Refund Delay: The deadline for submitting Income Tax Returns (ITR) for AY 2025-26 ended on September 16, 2025. While most ...
Taxpayers classified as resident and ordinarily resident must report overseas bank accounts, foreign shares or securities, ...
The delayed submission of this years ITR Form (Income Tax Return) has raised concerns among taxpayers. The governments recent ...
Many taxpayers are experiencing delays in receiving their income tax refunds due to common filing errors. These include failing to verify ITRs within 30 days, not addressing defects, or having ...
If a valid will exists covering all or some of the assets, the executor of the will must file an ITR until all assets are ...