In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is accepted, there is no need to pay any interest or penalty for delayed fili ...

Income Tax ITR filing due date extension: The Centre has increased the due date to file income tax return (ITR) for taxpayers after the official portal experienced severe glitches over three days, ...

There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an ...

Usually, it takes 4 to 5 weeks for the refund to be credited to the taxpayer's account. However, if the refund is not ...

Many taxpayers are experiencing delays in receiving their income tax refunds due to common filing errors. These include failing to verify ITRs within 30 days, not addressing defects, or having ...

The ITR filing date for FY 2024–25 was extended twice, first by 46 days to September 15, and then by an additional 24 hours, ...

The Court held that the tax authority wrongly dismissed a delay condonation plea without considering the assessee’s serious medical condition. The ruling emphasizes that genuine hardship must be ...

Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...

Explore the significant delays in income tax refunds for FY 2024-25, their causes, including AIS mismatches and processing ...