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 ...

The Updated Return mechanism was introduced to promote voluntary tax compliance even after the expiry of the belated and revised return timelines. Under Section 139 (8A), a taxpayer may file an ...

Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.

Each taxpayer is supposed to file their income tax return within the time prescribed under section 139(1)/139(4) of the Income Tax Act. However, it may be possible due to any genuine hardship or ...

Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via ...

The Income Tax Department is gearing up for the new and simplified Income Tax Act, 2025, which will come into effect from April 1 next year. CBDT Chairperson Ravi Agarwal recently said that the ...

Income Tax Refund Update: The last date to file income tax return is 31 December, which is just seven days later. Meanwhile, the income tax department has been sending bulk SMS and emails to some ...

Several taxpayers are still waiting for their ITR refunds as the department identifies mismatches, incomplete verifications, ...

With the Income Tax Return (ITR) filing season now officially over for both audit and non-audit taxpayers, many people are still wondering: Why is my refund delayed? As of December 11, 2025, more than ...

Income tax refunds are significantly delayed this assessment year, with processing times extended even for routine cases. Official data shows a substantial drop in refund outgo compared to last year, ...

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