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

Many Indian taxpayers who filed income tax returns in September are still waiting for refunds for Assessment Year 2025-26.

US - Foreign Private Issuers’ D&Os Will No Longer Be Exempt From Section 16(a) Insider Reporting Obligations. Legal News and ...

The Centralised Processing Centre (CPC) handles this and any hold-ups can stem from risk assessments. If no update arrives by ...

Taxpayers filing revised or belated ITRs by December 31, 2025, have until December 31, 2026, for the Income Tax Department to process them. If the deadline passes without processing, the ITR becomes ...

As the December 31 deadline for filing income tax returns approaches, taxpayers are often confused about the difference ...

If your ITR does not get processed by 31 December 2026, or within the relevant deadline for previous assessment years, the ...

ITAT ruled that deductions under section 80P cannot be disallowed at the CPC stage for returns filed after the due date prior to Finance Act 2021. The matter was remanded for proper verification by ...

In a significant shift to India’s inheritance and succession framework, Parliament has removed a long-standing legal hurdle ...

On December 18, 2025, President Trump signed into law the annual defense budget legislation, which includes, among other things, the “Holding ...

ITAT Bangalore rules that Section 80P deductions cannot be claimed if the return is filed after the due date. The decision reinforces compliance with Section 80AC(ii) and aligns with Madras HC ...

Taxpayers are entitled to their refund if the Income Tax Department's CPC fails to process their ITR within the statutory ...