Tribunal held that freight amounts collected and passed on to airlines are mere reimbursements, not income. Only the assessee’s service margin is ...

Many taxpayers face issues with missing foreign asset and income details in revised Income Tax Returns. If a taxpayer has any ...

Haven’t Received Your Refund Yet? Here’s Why the Delay Is Happening This Year If your income tax refund hasn’t been credited ...

Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that ...

If the TDS you’ve claimed in your return is higher than what appears in Form 26AS or AIS, the system immediately flags it — ...

Income tax refunds are delayed this year due to stricter verification, AIS–26AS mismatches, high filing volumes, and bank detail issues. Taxpayers are urged to verify data, respond to notices, and ...

Some Indian taxpayers are experiencing delays in receiving their ITR refunds, which are typically processed within 4-5 weeks ...

Many taxpayers are experiencing delays in receiving their income tax refunds due to common filing errors. These include failing to verify ITRs within 30 days, not addressing defects, or having ...

The Court held that the tax authority wrongly dismissed a delay condonation plea without considering the assessee’s serious medical condition. The ruling emphasizes that genuine hardship must be ...

India income-tax rules on cash transactions explained by CA Shefali Mundra of ClearTax, detailing penalties, 84% tax, and ...

Explore the significant delays in income tax refunds for FY 2024-25, their causes, including AIS mismatches and processing ...