A tax return is referred to as a ‘belated return’ when it is filed after the end of the original due date mentioned under ...
Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that ...
Income tax refunds are significantly delayed this assessment year, with processing times extended even for routine cases.
Filing ITR can be a daunting task, and mistakes are common. In case someone is still waiting for their tax refund, it's ...
Revised returns serve as a safety net for correcting inaccuracies in original or belated returns, such as omitted income, missed deductions, or incorrect bank details. , Personal Finance, Times Now ...
The ITR filing deadline was 16 September, and while most refunds are processed, some remain pending. Delays may arise from ...
There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an ...
Many taxpayers are experiencing delays in receiving their income tax refunds due to common filing errors. These include failing to verify ITRs within 30 days, not addressing defects, or having ...
If you file an updated return later, you will have to pay interest and additional tax, and will not be able to claim refunds ...
Be on the lookout for emails from the Income Tax Department regarding your larger financial dealings. These are friendly ...
Delhi High Court held that internal disputes among company directors do not justify condonation of delay in filing ITR, upholding statutory compliance ...
If a valid will exists covering all or some of the assets, the executor of the will must file an ITR until all assets are ...