Breaks down Section 234F penalties, 1% monthly interest, and the hidden loss of tax benefits that arise when returns are ...
Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also facilitates smooth financial transactions, such as availing loans, credit cards, and visas.
The deadline for filing your ITR is September 15, 2025 and it hasn’t been extended yet, which means you have less than three days left to file and submit your income tax return (ITR). Sure, you can ...
Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...
Income tax refunds for the 2025-26 assessment year are being credited. Some taxpayers are still waiting for their refunds. The CBDT Chairman explained that delays occur due to reviews of deduction ...
Refunds are generally credited within four to five weeks after e-verification. If the money does not arrive within that ...
The delay is mainly due to high-value ITR filing, which the department is carefully scrutinizing to avoid any mishap. That ...
As per the latest update, the process could be completed by end of December. However, did you know the IT department is ...
The CBDT has also advised taxpayers to file a revised ITR in case they had made possible errors in their filing ...
Bank customers and pensioners face crucial deadlines in November 2025. SBI is discontinuing its mCASH service. Pensioners ...
The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act, 1961. This change ...