Wrong Bank Details: Refunds are issued by direct bank transfer. Wrong account numbers or IFSC codes might lead to failed ...

Taxpayers are now required to verify their Income Tax Returns (ITR) within 30 days of filing, failing which the returns are ...

Discover the top tax deductions you can claim in your ITR for FY 2024-25. Save more by using these smart tax-saving sections ...

If a salaried person chooses the new tax regime for the financial year, they wont be able to claim most deductions. However, ...

Discover the top 10 tax deductions you can claim in your ITR for FY 2024-25. Save more by using these smart tax-saving ...

Taxpayers are facing delays in accessing ITR-2 and ITR-3 forms due to major updates for FY 2025-26, including capital gains ...

Many Indian taxpayers may face delays in receiving their income tax refunds this year. The main reasons are the late release ...

Check Taxable Income: In part B of Form 16, one can find their taxable income details towards the end. Make sure all the ...

Section 158BC applies when undisclosed income is unearthed during search or seizure operations conducted by the Income Tax ...

Wait for the updated form as schema is pending. Pay pending tax on capital gains to avoid interest under Sections 234B/C. For ...

Delays in releasing ITR-2 and ITR-3 forms are causing concern among taxpayers with more complex financial profiles, including ...

To find out if your bank offers the facility, you can check for the Net Banking option on the Income Tax e-Filing website, or ...