Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...

Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...

Missed income disclosures after the December deadline? The updated return offers a second chance—but only if it results in ...

In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank account validation issues, or cases selected for scrutiny.

Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and ...

A Canadian citizen of Indian origin lost his plea in the Delhi High Court to condone the delay in filing his income tax ...

ITR-U cannot be filed once case have started, even if they are unrelated to the income disclosed in ITR-U, why Budget 2026 ...

Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant assessment year under Section 139(5) of the Income Tax Act, 1961.

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