Income tax refunds can be delayed due to errors in returns, TDS mismatches, manual verification, pending tax dues, or technical issues. Understanding these reasons and ensuring accurate filing can ...
Experts say this year’s delays are being driven by both technical and compliance-related reasons, leaving many salaried ...
Taxpayers awaiting income tax refunds, especially for larger amounts, may experience delays due to extra verification steps.
Currently, the TDS framework is riddled with challenges — wrong deductions, frequent mismatches, and endless reconciliation ...
Many taxpayers are frustrated with refund delays. But here’s the catch, simpler refunds tend to move more quickly through the system than bigger claims.
The deadline for filing income tax returns (ITR) for the assessment year 2025–26 was September 15, later extended by one day. While millions of taxpayers rushed to file their returns early in June and ...
All refunds follow the same process; however, larger amounts may undergo additional verification, which can cause delays.
ICAI’s Direct Taxes Committee has highlighted major issues in the Income-tax Portal, from login failures to tax audit report ...
Ranchi, partly allowed Pato Builders' appeal for AY 2012-13. The tribunal confirmed the addition of share application money for nine investors for whom no details were provided, but reduced the ...
The Income Tax Department has fixed March 31, 2026, as the last date to file TDS/TCS correction statements for FY 2018-19 Q4 to FY 2023-24 Q3. File now to avoid loss of tax credit, demand notices, and ...
The strongest accounting relationships are built on steady, ongoing communication. A quick 10-minute call once a month can ...