Filing Income Tax Returns (ITR) every year is a cumbersome task for most people. Selecting the right form, filling in the ...

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

These can increase your tax liability and also result in penalties, fines and notices from the tax department.

Filing income tax returns is a routine yet often tedious task for salaried individuals and families in India. For married ...

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

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.

Verify that salary income and TDS from all employers appear correctly in Form 26AS and AIS, as employers calculate tax ...

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

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given ...

The court held that repeated resignation of key accounts staff constituted genuine hardship. Rejection of delay condonation under Section 119(2)(b) was set aside, directing acceptance of the belated ...

ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...