Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...
Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...
The tax return using ITR-U (updated return) can be filed regardless of whether the taxpayer filed an ITR in the relevant ...
Income Tax Department urges taxpayers to file revised or belated returns for AY 2025–26 by December 31 to avoid higher tax ...
ET Online Missed the December 31, 2025 deadline to file revised ITR? Here’s what to do in tax refund cases (AI generated ...
The Centralised Processing Centre (CPC) handles this and any hold-ups can stem from risk assessments. If no update arrives by year-end, it doesn't automatically void the return. The cutoff mainly ...
Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...
Hi, my father owns two properties but earns no rental income from either. He has no stock or mutual fund investments and meets all other eligibility criteria for ITR-1. I’m unsure whether owning ...
As the deadline for filing Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26 approaches on September 15, taxpayers are urged to ensure they use the correct ITR form to avoid filing a ...
According to the Income Tax Department’s latest figures, about 8.80 crore returns have been filed for the Assessment Year ...