Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated ...
Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...
If your ITR refund is delayed despite filing on time, you may be entitled to interest under Section 244A. The Income Tax ...
Waiting months for your income tax refund? The government may owe you interest. Learn when you qualify for this interest, ...
This guide explains common reasons for ITR delays, including mismatches, pending demands, and verification checks, and ...
A: Some lawyers recommend that you use your Social Security number for a revocable trust, while other lawyers suggest that ...
India will roll out freshly designed income-tax return forms under the new Income Tax Act, 2025, with the Finance Ministry ...
TCS on international tour packages is collected upfront by travel operators and can be claimed as a credit against your ...
The Income Tax Department will release outstanding tax refunds by December, said CBDT chief Ravi Agrawal. "We have analysed ...
If you haven't yet filed your Income Tax Return (ITR), there's some relief. The Central Board of Direct Taxes (CBDT) has extended the deadline for filing ITR for the financial year 2024-25, or ...
Before this CBDT rule change came to fruition, errors in ITR filings meant an absolute hassle: a lot of back and forth ...
New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, ...