The Income Tax Department has enabled utilities for filing updated income tax returns (ITR-U) through ITR-1 and ITR-2 forms for assessment years (AY) 2021-22 and 2022-23, in accordance with Finance ...

Income Tax Department has sped up the process of crediting ITR refunds to taxpayers accounts. These also include high-value refunds. Taxpayers can check the status of their refunds through the ...

The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.

Founded in 2015, Taxzippy operates in the Fintech sector offering e-filing income tax return services for individuals in India. The company focuses on providing a ...

If your income tax refund has not been credited yet, you are not alone. The government has informed Parliament that nearly 24 lakh Income Tax Returns (ITRs) for Assessment Year (AY) 2025–26 have ...

Overview UPI is transforming how Indians pay bills, shop, and transfer money. It has now simplified income tax compliance as well.The Income Tax Department allo ...

The Central Board of Direct Taxes ( CBDT) has unveiled the draft income tax (IT) rules under the Income Tax Act, 2025, which is scheduled to take effect from April 1, 2026. In line with the simplified ...