Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also facilitates smooth financial transactions, such as availing loans, credit cards, and visas.
Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that ...
Tax refund delays can often stem from mistakes made by taxpayers. Make sure to double-check your Income Tax Return (ITR) ...
Income Tax: There are certain scenarios in which you can file a revised return, but these do not include the filing of a ...
Car buyers purchasing vehicles above ₹10 lakh can reclaim 1% Tax Collected at Source (TCS) deposited by dealers. This amount, ...
CBDT Chairman Ravi Agrawal explained that the Income Tax Department is currently scrutinising cases where taxpayers may have mistakenly or incorrectly claimed deductions.
Income tax refunds are significantly delayed this assessment year, with processing times extended even for routine cases.
As per the latest update, the process could be completed by end of December. However, did you know the IT department is ...
Despite a record number of processed tax returns and issued refunds, millions of taxpayers are still facing delays in ...