T Return forms simple to ease compliance under the new law, which replaces the six-decade old Income Tax Act, 1961 ...
The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act, 1961. This change ...
Taxpayers will receive the full compliance framework for the revamped Income Tax Act, 2025 by January, with simplified return ...
This guide explains common reasons for ITR delays, including mismatches, pending demands, and verification checks, and ...
CBDT chief announces simplified ITR forms and rules under the new Income Tax Act to be notified by January 2026.
The new law removes redundant provisions and archaic language and reduces the number of sections from 819 in the Income Tax ...
Facing delay in Income Tax refund? Know how to check refund status on the IT portal, reasons for delay, processing timeline, ...
Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...
According to the Income Tax Department's website over 7.57 crore Income Tax Returns (ITRs) were filed for the Assessment Year (AY) 2025-26 as of September 23, 2025. While the numbers look healthy on ...
Chairman Ravi Agrawal said on Monday that the tax department is looking into incorrect deductions claimed in certain cases, which is causing a delay in refunds, PTI reported.
If your ITR refund is delayed despite filing on time, you may be entitled to interest under Section 244A. The Income Tax ...
CBDT to notify ITR forms & rules under the new Income Tax Act, 2025 by January. Simplified compliance for taxpayers from ...