With multiple tax compliances due this month, December demands careful attention from individuals and businesses alike. These ...

The refund process begins only after your ITR has been successfully e-verified. In most cases, refunds are credited within ...

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

Submit response with supporting proof such as challans, Form 16, etc.

In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is ...

Car buyers purchasing vehicles above ₹10 lakh can reclaim 1% Tax Collected at Source (TCS) deposited by dealers. This amount, ...

Revised returns serve as a safety net for correcting inaccuracies in original or belated returns, such as omitted income, ...

The CBDT has launched the second NUDGE campaign, contacting taxpayers who have not disclosed foreign income or assets, and ...

Explains why returns get shifted to the Old Regime due to missed deadlines or form errors and outlines when rectification is ...

The NUDGE scheme is not a free pass. Paying up may clear past tax arrears - but it does not erase exposure under other laws.