India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...

● If you have business or professional income and you want the old regime, you must file Form 10-IEA within the due date under section 139 (1), as per the Income Tax Department guidance. On the portal ...

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

Every year, millions of taxpayers file their income tax returns on time to receive their refunds quickly and avoid future ...

If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...

Resident and Ordinarily Resident (ROR) taxpayers with foreign income face challenges due to the December 31 deadline for revised and belated Indian Income Tax Returns (ITRs). This clashes with ...

Refunds are being delayed due to mismatches, unverified returns or clarification notices. Here’s what your notice means and ...

From April 1, 2026, the new Income-tax law will replace ‘Assessment Year’ with ‘Tax Year’ to simplify tax filing and ...

The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...

Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...

If the time of refund is greatly delayed, along with no update on the online status, contact the Centralised Processing ...