While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
The Income Tax Department has introduced a new online feature on its e-filing portal, allowing taxpayers to directly file rectification requests for specific tax orders with the relevant authority.
For returns filed for the current assessment year, the outer limit for processing is December 31, 2026. If the CPC fails to ...
If your Income Tax Return (ITR) is not processed by 31 December 2026, or within the prescribed deadline for earlier ...
If your annual income is less than ₹5 lakh and you file a belated ITR now, you will have to pay a late fee of ₹1000. Those with an income of ₹5 lakh or more will have to pay a late fee of up to ₹5000.
With the December 31 deadline fast approaching, many taxpayers are unsure whether they need to file a revised or a belated ...
As the December 31 deadline for filing income tax returns approaches, taxpayers are often confused about the difference ...
Taxpayers are entitled to their refund if the Income Tax Department's CPC fails to process their ITR within the statutory ...
Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...
For individuals without business income, the choice between the old tax regime and the new tax regime can be exercised each year, depending on which regime results in lower tax liability. However, ...
Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that the main reason is extra scrutiny of suspicious claims, especially in ...