Taxpayers claiming incorrect refunds face potential delays in their income tax refunds. The Income Tax Department is ...

More than 73 lakh taxpayers are still waiting for their income tax returns to be processed for AY 2025-26. With December 31 ...

Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

Major tax rule changes could boost 2026 refunds, but new forms, limits and direct deposit rules may delay filing and payouts.

In comparison to the same period of last year, the refund payouts between April and September 2025 were significantly lower.

Many Indian taxpayers who filed income tax returns in September are still waiting for refunds for Assessment Year 2025-26.

Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...

The court examined whether delay in filing a revised return caused by an audit reporting mistake and COVID-19 disruption should be condoned. It held that the explanation was bona fide and directed ...

As Union Budget 2026 approaches, taxpayers are watching closely for signals on tax reforms, faster refunds, and easier ...

Despite the Income Tax Act permitting interest on delayed refunds, not all taxpayers may benefit from this provision due to certain conditions.