Taxpayers claiming incorrect refunds face potential delays in their income tax refunds. The Income Tax Department is ...
When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR filing can be corrected. Under Section 139(5) of the Income Tax Act, 1961, ...
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department ...
The Income Tax Department has alerted many taxpayers that their refunds are on hold due to ITR mismatches. The identified ...
If your ITR does not get processed by 31 December 2026, or within the relevant deadline for previous assessment years, the ...
According to the ITR department, both registered and unregistered users can link their Aadhaar and PAN on the e-filing portal ...
The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE ...
Waiting for an income tax refund can be frustrating, especially after filing your return on time. While delays are common, tracking your ITR status online is easy and can give you clarity on where ...
For returns filed for the current assessment year, the outer limit for processing is December 31, 2026. If the CPC fails to ...
CA Himank Singla highlighted that foreign equity holdings such as ESOPs and RSUs must be disclosed in Schedule FA every year, ...
Many taxpayers have received SMS and email alerts from the Income Tax Department about the delay in refunds due to discrepancies or mismatches in ITR filings.