Mumbai ITAT held that additions cannot be sustained merely due to Form 26AS mismatches. The Assessing Officer must verify whether income was already taxed to avoid double ...

Canadian citizen of Indian origin sold India property for Rs 2 crore; buyer deducted TDS but he did not file ITR; lost case ...

This year, the department has intensified scrutiny. Here is what taxpayers should know about income tax refund delays ...

The first thing to remember is there is no need to panic if your refund is delayed. Start by logging into the income tax ...

Income tax refunds are typically delayed when returns are not fully processed or when discrepancies are detected in the ...

Refund delays usually arise because the return is not fully processed or because the tax department has flagged a mismatch or ...

EY-India outlined certain direct tax reforms, which if introduced, could unlock private capital, enhance competitiveness, and ...

Most of the flagged cases in December involved returns where exemptions or deductions were claimed in the ITR but did not ...

Over 63 lakh income tax returns for Assessment Year 2025-26 remain unprocessed, delaying refunds for many taxpayers despite the December 31 deadline for belated filings. , Economy, Times Now ...

Over 63 lakh income tax returns are still under processing in AY 2025–26, leaving many taxpayers waiting for refunds even ...

Raipur ITAT ‘SMC’ Bench, in Smt. Susamma John vs. ITO, NFAC (ITA No.750/RPR/2025, AY 2020-21, order dated 24.12.2025), allowed the assessee’s appeal and directed deletion of the entire addition, ...

New Delhi: A large number of salaried taxpayers have not received their income tax refunds for the Assessment Year 2025–26. The Income Tax Department has clarified that this delay is not due to any ...