Always ensure that the details provided in the ITR are accurate to prevent any issues with the Income Tax Department later. A...
ITR Processing Time: Over 7 crore Income Tax Returns (ITRs) were filed by the July 31, 2024, deadline. By August 23, the Income...
When you file your income tax return, it undergoes a computer-based scrutiny under Section 143(1). Section 143(1) of the Income Tax Act...
Meanwhile, some taxpayers who filed tax return much earlier are still waiting for their refunds. In some cases, refunds were issued within...
After e-verification, the tax department will process your return. Refund processing typically takes four to five weeks, but it can vary based...
The reports state that the users are being sent a link and asked to issue an amount of income tax refund on...
The deadline to file ITRs for AY 2024-25 was 31 July 2024. New Delhi: The total number of ITRs for AY 2024-25 filed...
Individual tax payers who have missed the July 31 deadline of filing Income tax returns, December 31 is another important deadline. Why...
It’s July 31 and there’s no indication yet that the income tax department will extend the due date for filing income tax...
Awareness of key dates allows taxpayers to plan effectively and maximise deductions, exemptions, and other tax benefits. India’s tax system includes a...