Many taxpayers are concerned about the imminent deadline for filing revised and belated income tax returns, with some ...
December 31 is the final day to file both belated and revised income tax returns for Assessment Year 2025–26. Once this ...
Income tax refunds do not lapse if returns remain unprocessed after December 31.Refunds are issued only after processing; ...
Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...
Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...
Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...
The Income Tax Department has stepped up scrutiny for tax returns and several taxpayers have not received their income tax r.
The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...
Taxpayers are entitled to their refund if the Income Tax Department's CPC fails to process their ITR within the statutory ...
Taxpayers filing revised or belated ITRs by December 31, 2025, have until December 31, 2026, for the Income Tax Department to ...