Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated ...
Waiting months for your income tax refund? The government may owe you interest. Learn when you qualify for this interest, ...
Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...
If you missed the deadline to file your Income Tax Return (ITR) or made mistakes in your earlier submission, there’s good news — you still have time to fix it. The Income Tax Department allows ...
This guide explains common reasons for ITR delays, including mismatches, pending demands, and verification checks, and ...
Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...
ITAT Delhi ruled that validly filed Form 10-IC ensures eligibility for Section 115BAA concessional tax rate. Key takeaway: timely filing secures lower corporate tax in subsequent ...
Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to release remaining refunds, ...
Expert explains that salary slips hide key tax details like non-exempt allowances, differences in taxable income, unlisted ...
According to the Income Tax Department's website over 7.57 crore Income Tax Returns (ITRs) were filed for the Assessment Year (AY) 2025-26 as of September 23, 2025. While the numbers look healthy on ...
Aishwarya Rai Bachchan won a Rs 4 crore tax case against the Income Tax Department. The ITAT Mumbai ruled in her favor, stating the Assessing Officer ...