Despite a record number of processed tax returns and issued refunds, millions of taxpayers are still facing delays in ...
For many engineering students in the country, enrolling in the Indian Institute of Technology (IIT) is a highly desired aim.
ITR FY24-25 Refund Delay: Several taxpayers have been waiting for their income tax refunds after an extended delay in payments. The non-audit ITRs for fiscal year 2025-26 were filed by September 16, ...
As per Section 244A of Income Tax Act, if a refund is delayed, the tax department will pay interest at 6% annual rate on the amount due. Details here.
Income Tax Refund Delay: Many taxpayers have been waiting for a while now as their income tax refund for FY 2024-25 (Assessment Year or AY 2025-26) has been delayed than usual, despite filing the ITR ...
CBDT chief Ravi Agrawal says low-value tax refunds are being processed, while high-value or flagged claims are under review. Legitimate payouts expected by December. Chairman of the Central Board of ...
Many taxpayers are still waiting for their income-tax refunds for AY 2025-26, even though non-audit returns were filed by September 16. Expectations of early payouts have been tempered as the Income ...
While many taxpayers have already received their income tax refund after filing and verifying their ITR, others are still waiting for it. Many don’t know why their tax refund is getting delayed. CBDT ...
New income tax return forms and rules under the simplified Income Tax Act, 2025, will be notified by January 2026, with the law effective April 1. CBDT Chairman Ravi Agrawal stated the department aims ...
The Income Tax Return (ITR) filing due date for the assessment year (AY) 2025-26 ended on September 16 for taxpayers whose accounts did not require audit. The ITR filing date for AY 2025-26 (FY ...
Even after the September 16 deadline for filing Income Tax Returns (ITR) for the assessment year 2025-26 has passed, taxpayers can still claim their refunds by filing a belated return. The Income Tax ...
Taxpayers will soon get a first look at the compliance framework under India’s new income-tax regime. The Central Board of Direct Taxes (CBDT) will notify the revised Income Tax Return (ITR) forms and ...