Explore the significant delays in income tax refunds for FY 2024-25, their causes, including AIS mismatches and processing ...
The CBDT includes “or extended” in the July ITR Form for non-audit individuals due to frequent deadline extensions, while keeping October deadlines fixed for audit-related ...
The Punjab and Haryana High Court has directed the CBDT (Central Board of Direct Taxes) to issue a circular extending the ITR ...
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, ...
New data has revealed which states have to pay the most, and least, for utility bills, showing the significant amount households have to pay to cover the costs. According to the third-party bill ...
CBDT chief Ravi Agrawal says low-value tax refunds are being processed, while high-value or flagged claims are under review. Legitimate payouts expected by December. Chairman of the Central Board of ...
Many taxpayers are still waiting for their income-tax refunds for AY 2025-26, even though non-audit returns were filed by September 16. Expectations of early payouts have been tempered as the Income ...
While many taxpayers have already received their income tax refund after filing and verifying their ITR, others are still waiting for it. Many don’t know why their tax refund is getting delayed. CBDT ...
New income tax return forms and rules under the simplified Income Tax Act, 2025, will be notified by January 2026, with the law effective April 1. CBDT Chairman Ravi Agrawal stated the department aims ...
The Income Tax Return (ITR) filing due date for the assessment year (AY) 2025-26 ended on September 16 for taxpayers whose accounts did not require audit. The ITR filing date for AY 2025-26 (FY ...
Taxpayers will soon get a first look at the compliance framework under India’s new income-tax regime. The Central Board of Direct Taxes (CBDT) will notify the revised Income Tax Return (ITR) forms and ...
The I-T department will by January notify the ITR forms and rules under the simplified Income Tax Act, 2025, which will come into effect from next fiscal beginning April 1, Central Board of Direct ...