Income Tax Refund Update: Like taxpayers, the centralised processing centre (CPC) of the Income Tax Department is bound by a deadline to process income tax return (ITR). If you have filed an ITR for ...
Many taxpayers assume that once they file their income tax return (ITR), their job is done. However, filing ITR is only the first step. The return is considered complete when the Income Tax Department ...
Once an intimation under Section 143(1) has been issued, the taxpayer must check whether the intimation is only a processing ...
If an individual deposits Rs 1 crore or more in one or more current accounts during a financial year, filing an ITR be ...
Income tax refund is broadly calculated as the excess of taxes paid or credited over the final tax liability of the taxpayer ...
The I-T department has released the Excel Utility for ITR-3 for Assessment Year 2026-27 on the e-filing portal. Here's who must file this form what changed this assessment year.
ITR filing FY 2025-26: It’s that time of the year when you start gathering your important tax-related documents to file your income tax return (ITR). And while it’s always good to file your ITR on ...