Income tax refunds for the 2025-26 assessment year are being credited. Some taxpayers are still waiting for their refunds.
Chairman Ravi Agrawal said on Monday that the tax department is looking into incorrect deductions claimed in certain cases, which is causing a delay in refunds, PTI reported.
The CBDT has also advised taxpayers to file a revised ITR in case they had made possible errors in their filing ...
The delay is mainly due to high-value ITR filing, which the department is carefully scrutinizing to avoid any mishap. That ...
According to the Income Tax Department's website over 7.57 crore Income Tax Returns (ITRs) were filed for the Assessment Year (AY) 2025-26 as of September 23, 2025. While the numbers look healthy on ...
Highlights the legal obligations of timely ITR filing, penalties for delays, and the benefits of maintaining a clean financial ...
The income tax (I-T) department has now enabled ITR-2 for filing returns through online mode with pre-filled data at the e-filing portal. ITR-2 is meant for the individuals who want to file their ...
ITR Refund processing begins only after a person's ITR has been successfully e-verified and the PAN card is linked with ...
Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...
Many taxpayers are experiencing delays in receiving their Income Tax Return (ITR) refunds this year. The Income Tax Department offers online methods to check refund status via PAN on the e-filing or ...
CBDT chief announces simplified ITR forms and rules under the new Income Tax Act to be notified by January 2026.