While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
The Income Tax Department is reportedly sending alerts to taxpayers for AY 2025-26, placing refunds on hold due to ITR discrepancies. This has led to confusion as the deadline for filing revised ...
Taxpayers are entitled to their refund if the Income Tax Department's CPC fails to process their ITR within the statutory ...
The Income Tax Department sends these messages as part of its risk management process to ensure accuracy in tax filings.
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 ...
The Income Tax Department is alerting taxpayers about foreign assets and income. Income earned from abroad requires reporting ...
by the Income Tax Department. While 31 December 2025 is the last date to file a revised return, many original returns are ...
Usually, it takes 4 to 5 weeks for the refund to be credited to the taxpayer's account. However, if the refund is not ...
The Updated Return mechanism was introduced to promote voluntary tax compliance even after the expiry of the belated and ...
The delayed submission of this years ITR Form (Income Tax Return) has raised concerns among taxpayers. The governments recent ...
The message is triggered when the department detects a “significant mismatch” between exemption or deduction claims in the ...
Taxpayers retain their refund rights if the Income Tax Department's Centralised Processing Centre (CPC) fails to process ...