This means taxpayers who missed yesterday’s deadline will now face penalties and other consequences under the Income Tax Act.

The notified ITRs for AY 2025-26 have undergone structural and content revisions aimed at simplifying compliance, enhancing ...

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...

Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given ...

Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and ...

Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via rectification and updated return.

Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant assessment year under Section 139(5) of the Income Tax Act, 1961.

Refunds are being delayed due to mismatches, unverified returns or clarification notices. Here’s what your notice means and ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...