For income not subject to TDS such as capital gains from shares or mutual funds taxpayers are required pay advance tax in ...

Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...

Refunds may take longer in cases involving high-value claims, as such returns are subjected to additional automated checks ...

Verify that salary income and TDS from all employers appear correctly in Form 26AS and AIS, as employers calculate tax ...

Over 63 lakh income tax returns are still under processing in AY 2025–26, leaving many taxpayers waiting for refunds even ...

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

The incidence comes as an unexpected surprise to many taxpayers since many of them had not received any notice or were ...

The number of revised and updated ITRs reflects a sharp rise in voluntary tax compliance under its behavioural 'NUDGE' ...

The issue explains how automated portal controls now trigger late fees, return blocks, and suspensions. Key takeaway: proactive compliance is essential to avoid system-driven ...

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

India’s DRDO successfully conducts a salvo launch of two Pralay missiles from the same launcher off Odisha coast, boosting ...

Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant ...