The Income Tax Department has uncovered a network of agents who unlawfully filed incorrect deductions and claims for citizens ...

The Income Tax Department is taking action against taxpayers who filed returns with fake deductions. Investigations revealed ...

The income tax department is analysing certain refund claims flagged by the system, either because they were "high-value" or ...

Income-tax refunds for 2024–25 face delays due to stricter CBDT checks. CA Shefali Mundra shares tips to help taxpayers speed ...

The Tribunal ruled that inadvertent omission of claiming advance tax does not bar interest under Section 244A. Authorities ...

Several taxpayers claimed refunds by showing fake donations to political parties and charitable institutions, often with the ...

The Income Tax Department is delaying refunds due to intensified scrutiny of returns. This follows the discovery of ...

Tribunal held that income cannot be added merely because it appears in Form 26AS and remanded matter to verify whether assessee actually received amounts corresponding to TDS ...

Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...

A revised return can be filed before assessment or notice, while an updated return may be filed thereafter. “Once proceedings ...

Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...

Taxpayers have reported delays in receiving income tax refunds, with many cases marked as 'under processing' for months.