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 ...
A revised return can be filed before assessment or notice, while an updated return may be filed thereafter. “Once proceedings ...
In a recent development, a taxpayer residing in the UAE with an income of Rs 4 crore from India found themselves in a ...
Several taxpayers in India have not received their income tax refunds for the assessment year 2025-26, with delays attributed ...
Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...
Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...
Despite a record number of processed tax returns and issued refunds, millions of taxpayers are still facing delays in ...
Many taxpayers experience delays in receiving their income tax refunds, often due to errors made during the filing process.
The first step is to verify whether the refund has been processed at all. Log in to the Income Tax e-filing portal and check ...
The refund process begins only after your ITR has been successfully e-verified. In most cases, refunds are credited within ...
Lottery winning amounts are part of income from other sources, and they are liable for the income tax rate. Not just that, ...
Learn the TDS full form, its meaning, how this tax collection system works in India, and why it's important for taxpayers.