In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is ...

Generally, the delay in transactions is due to technical reasons. However, refunds are typically credited into the bank ...

Explore the significant delays in income tax refunds for FY 2024-25, their causes, including AIS mismatches and processing ...

Tax refund delays can often stem from mistakes made by taxpayers. Make sure to double-check your Income Tax Return (ITR) ...

The delay is mainly due to high-value ITR filing, which the department is carefully scrutinizing to avoid any mishap. That ...

There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an ...

Every year several taxpayers wait anxiously for their income tax refunds to get credited to their bank account. For many, the ...

While some refunds may get issued earlier, large refunds may get delayed due to various discrepancies in the ITR filing ...

The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act, 1961. This change will have the potential to make tax filing more digital, easier and clearer ...

As per the latest update, the process could be completed by end of December. However, did you know the IT department is ...

Car buyers purchasing vehicles above ₹10 lakh can reclaim 1% Tax Collected at Source (TCS) deposited by dealers. This amount, ...