The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check t.
For returns filed for the current assessment year, the outer limit for processing is December 31, 2026. If the CPC fails to ...
The risk management alert is a cautionary prompt, not a notice. Taxpayers need revised ITRs only if mismatches exist. Those with correct claims can wait as refunds resume after verification.
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 ...
As ITR’s exclusive data uncovers in-house dissatisfaction with case management, advisers cite Italy’s arcane tax rules ...
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
Taxpayers face a critical deadline. After December 31, 2025, revised income tax returns cannot be filed if the original ...
Campaign uses data analytics to prompt voluntary corrections of ineligible deduction claims, with a Dec 31 deadline to avoid ...
Pre-budget suggestions are pouring in, in the North Block. As the government gears up to present the 2026 budget, one ...
The Income Tax Department has exposed a nationwide network of agents facilitating fraudulent tax deductions and exemptions, ...
If the taxpayer has failed to report foreign assets and income in the original ITR, there is an opportunity to rectify this ...
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 ...