After retiring from a public sector bank, I transitioned to teaching at various MBA institutes in Mumbai and also work as a ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

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

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given ...

Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via rectification and updated return.

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

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 ...

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

ITR-U cannot be filed once case have started, even if they are unrelated to the income disclosed in ITR-U, why Budget 2026 ...

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