A tax return is referred to as a ‘belated return’ when it is filed after the end of the original due date mentioned under ...
Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that ...
If you haven't filed your income tax return by the September 16th deadline, don't worry. Taxpayers can still file their belated return (Belated ITR) until December 31, 2025. Filing a belated income ...
There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an inquiry notice by the assessing officer under section 142(1).
Taxpayers who missed the original deadline to file their Income Tax Return (ITR) still have a limited window to comply with ...
The refund process begins only after your ITR has been successfully e-verified. In most cases, refunds are credited within ...
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 ...
Taxpayers classified as resident and ordinarily resident must report overseas bank accounts, foreign shares or securities, ...
The Finance Ministry said that new Income Tax Return forms will be released before the financial year 2027-28. This follows a ...
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 ...
Despite a record number of processed tax returns and issued refunds, millions of taxpayers are still facing delays in ...