ITR filing set to change from next year: What the new income tax return forms mean for you The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act,… 2 days ago
‘Wrong refunds’ claim surges: CBDT chief explains why refunds are stuck The Income Tax Department will release outstanding tax refunds by December, said CBDT chief Ravi Agrawal. “We have analysed and… 4 days ago
Income Tax Rules: Taxpayers lose their refunds if they file a belated ITR in 2025–26? Let’s find it Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and… 4 days ago
ITR refund status 2025: Delays due to ‘red-flagged’ claims, says CBDT chairman CBDT chief Ravi Agrawal said on Monday that delays in Income Tax refunds are due to analysis of high-value or… 2 days agoNovember 20, 2025
Centre’s net direct tax collections rise 7% so far in FY26 on lower refunds: CBDT According to the latest numbers for FY 2025-26 (up to November 10, 2025), net direct tax collections have touched Rs… 2 weeks ago
Budget 2026: Govt to move the highest 30% tax rate to above Rs 50 lakh income under new regime? Industry makes this pitch As Budget 2026 preparations begin, industry body PHDCCI has urged the government to widen income tax slabs and reduce tax… 2 weeks agoNovember 11, 2025
Hindustan Unilever gets Rs 1986 crore tax notice, set to appeal against demand The Indian arm of the UK-based company said the Income Tax Department had disputed the valuation of certain related-party transactions… 3 weeks ago
Budget 2026-27: 5 big income tax changes taxpayers are eagerly waiting for As the Modi government gears up for Budget 2026-27, taxpayers across India are hoping for meaningful relief, easier compliance, and… 3 weeks ago
Sachin Tendulkar called himself an ‘actor’, not a cricketer — here’s how it saved him Rs 58 lakh in taxes In an interesting case from over a decade ago, cricket icon Sachin Tendulkar convinced the Income Tax Appellate Tribunal (ITAT)… 4 weeks ago
10 common bank transactions that can put your savings account under Income Tax Dept’s radar Your regular bank transactions like cash deposits, withdrawals, property payments or credit card bills may be under the Income Tax… 1 month ago
Income tax refunds drop 16% this year despite 6% rise in net direct tax collection Interestingly, corporate tax refunds jumped over 16% year-on-year to Rs 1.40 lakh crore from Rs 1.20 lakh crore. However, non-corporate… 1 month ago
ITR AY 2025-26 deadline over: What if you miss filing your Income Tax Return completely this year? The Income Tax Return (ITR) filing deadline for AY 2025-26 has ended for non-audit taxpayers on September 16, 2025. If… 1 month ago
Belated ITR filing AY 2025-26: Will you get interest on income tax refund due amount? If the return was filed within the due date (16th September for FY 2024–25), the interest on the refund will… 2 months agoOctober 8, 2025
Is ITR filing due date in audit cases extended to November 30? Here’s all taxpayers should know The Gujarat High Court has asked the Central Board of Direct Taxes (CBDT) to explain why it did not extend… 2 months ago
Income Tax Dept waives interest on late payment of tax demands for THESE taxpayers Section 87A provides tax exemption to small taxpayers if their total income is below a certain limit (currently ₹7 lakh).… 2 months ago
Relief for taxpayers: CBDT extends due date for filing tax audit reports – Check new deadline This comes on the heels of two High Courts in the country – the Karnataka High Court and the Rajasthan… 2 months ago
Income tax refunds stuck? Taxpayers with ‘inflated claims’ under old regime facing additional scrutiny – Details here Income tax refunds for AY 2025-26 are facing delays as the department increases scrutiny of old tax regime claims. Experts… 2 months ago
Is Income Tax Department processing smaller refunds faster than larger ones? Taxpayers awaiting their refunds are taking to social media to complain about long delays in refunds. There are frequent complaints… 2 months ago
ITR deadline 2025 ends – Tax associations, CAs lash out at govt for ‘token relief’, ignoring taxpayers’ real problems
