AIS and 26AS collect and consolidate data from banks, employers, brokers, and property registrars. Filing an ITR simply confirms pre-existing financial records, making unreported income easily ...

Generally, the delay in transactions is due to technical reasons. However, refunds are typically credited into the bank ...

Income Tax Refund 2025 is delayed due to scrutiny of wrongful deductions. CBDT promises most refunds by December with ...

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 ...

Income tax refunds are significantly delayed this assessment year, with processing times extended even for routine cases.

Waiting months for your income tax refund? The government may owe you interest. Learn when you qualify for this interest, common reasons behind refund delays, and the steps you can take to expedite ...

Refunds for AY 2025–26 have been slower than usual, with nearly 92 lakh returns still unprocessed even after more than 8 ...

The Court held that a reassessment notice issued to an entity that had ceased to exist after conversion into an LLP was invalid. The ruling confirms that tax proceedings cannot continue against ...

CBDT Chairman Ravi Agrawal said ITR refund delays for FY2024-25 are due to anomalies in high-value deduction claims.

ITR Refund processing begins only after a person's ITR has been successfully e-verified and the PAN card is linked with ...