Filing Income Tax Returns (ITR) every year is a cumbersome task for most people. Selecting the right form, filling in the ...

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...

Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant assessment year under Section 139(5) of the Income Tax Act, 1961.

Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...

In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank account validation issues, or cases selected for scrutiny.

If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...

Income tax refunds usually get delayed because often times the returns are not fully processed, or the I-T Department finds ...

Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are not processed by the CPC.

Verify that salary income and TDS from all employers appear correctly in Form 26AS and AIS, as employers calculate tax ...

ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...