Delays in tax refunds are avoidable with proper documentation and timely compliance. Many taxpayers have taken to social media to express frustration over delayed income tax refunds. Despite the ...
The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of ...
If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 68th part of this series, ET Wealth explains the difference ...
Many taxpayers across India are frustrated as their income tax refunds remain pending weeks—sometimes months—after filing. Social media is ablaze with complaints, with users demanding clarity and ...
There are some last-minute moves and strategies that can help reduce liabilities and optimise refund timelines, even on the last date for ITR filing. As the Income Tax Return (ITR) filing deadline for ...
Taxpayers get an extension until September 15th to file income tax returns for the financial year 2024-25, specifically for those not requiring audits. Accurate filing requires cross-checking income ...
ITAT Mumbai: Denial of TDS Credit Unsustainable When Entries Duly Reflected in Form 26AS – AO Directed to Allow ₹9.04 Lakh Credit Mumbai Tribunal has held that where tax deducted at source (TDS) is ...
This year, filings have been slower than last year. By September 11, only 5.47 crore returns had been submitted, compared to 7.28 crore by July 31, 2024. The TRACES portal, which is essential for ...
Income tax return due date: With the income tax return (ITR) deadline just around the corner, many taxpayers are rushing to file their returns ahead of the due date. However, some taxpayers are yet to ...
Several taxpayers are facing issues while filing Income Tax Returns (ITR) for 2025 due to mismatches in data shown in Form 26AS, Annual Information Statement (AIS) and Form 16. This has caused ...
In good news for those taxpayers who have still not paid their income tax, the Income Tax Department has extended the last date for filing Income Tax Returns (ITR) to September 15 for the financial ...
Chartered accountants highlight persistent mismatches in the income tax portal's Form 26AS and AIS, causing reconciliation issues and filing complications. Taxpayers are advised to provide feedback ...