The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...

If you missed filing your Income Tax Return (ITR) this year, don’t panic just yet. The Income Tax Department still allows taxpayers to file a belated return until December 31, 2025. However, there are ...

The season of filing Income Tax Return (ITR) is in full swing. Those who have tax liability are trying to save tax. On the other hand, those whose salary is not taxable are sitting relaxed and ...

Each taxpayer is supposed to file their income tax return within the time prescribed under section 139(1)/139(4) of the Income Tax Act. However, it may be possible due to any genuine hardship or ...

Income Tax Refund Update: The last date to file income tax return is 31 December, which is just seven days later. Meanwhile, the income tax department has been sending bulk SMS and emails to some ...

Taxpayers who discover mistakes or omissions in their original Income Tax Return have specific procedures and deadlines to ...

With the Income Tax Return (ITR) filing season now officially over for both audit and non-audit taxpayers, many people are still wondering: Why is my refund delayed? As of December 11, 2025, more than ...

According to the release, advanced risk analytics under its risk management framework have flagged certain Income Tax Returns (ITRs) for Assessment Year 2025-26.These include cases where deductions or ...

Income tax refunds are significantly delayed this assessment year, with processing times extended even for routine cases. Official data shows a substantial drop in refund outgo compared to last year, ...