Despite a record number of processed tax returns and issued refunds, millions of taxpayers are still facing delays in ...
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For many engineering students in the country, enrolling in the Indian Institute of Technology (IIT) is a highly desired aim.
ITR FY24-25 Refund Status via PAN Card: Several taxpayers are still awaiting their income tax refunds following an extended delay in payments. On Monday, the Income Tax Department announced that it ...
The Central Board of Direct Taxes (CBDT) chairman on Monday shared an important update regarding the delays in income tax refunds for the financial year 2024-2025. He also informed that the tax ...
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, ...
ITR Refund: Two months after the conclusion of the extended due date for filing Income Tax Return (ITR) of FY2024-25 (Assessment year 2025-26) on September 16, some taxpayers are still awaiting their ...
While some refunds may get issued earlier, large refunds may get delayed due to various discrepancies in the ITR filing. There’s a high probability that many taxpayers have not received their income ...
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.
Several taxpayers who filed their returns months ago are still waiting for refunds. The tax department has now explained the reasons and shared when refunds are expected. Many taxpayers are still ...
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 ...
According to government data available on the Income Tax Department’s portal, over 81.8 million ITRs have been filed, 78.7 million have been verified, but only 69.5 million have been processed so far.
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