Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.
Each taxpayer is supposed to file their income tax return within the time prescribed under section 139(1)/139(4) of the Income Tax Act. However, it may be possible due to any genuine hardship or ...
Tax Return Issues And Delays 2025: Tax returns this year have caused a state of confusion. The deadline for submitting Income Tax Returns (ITR) for AY 2025-26 ended on September 16, 2025, and a ...
The Updated Return mechanism was introduced to promote voluntary tax compliance even after the expiry of the belated and ...
It's the fourth week of December, and the year 2025 is drawing to a close. Several financial tasks need to be completed in ...
The Income Tax Department is gearing up for the new and simplified Income Tax Act, 2025, which will come into effect from April 1 next year. CBDT Chairperson Ravi Agarwal recently said that the ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The legal heirs of a deceased person ...
Income Tax Refund Delay: Many taxpayers have been waiting for a while now as their income tax refund for FY 2024-25 (Assessment Year or AY 2025-26) has been delayed than usual, despite filing the ITR ...
The Income Tax Return (ITR) filing due date for the assessment year (AY) 2025-26 ended on September 16 for taxpayers whose accounts did not require audit. The ITR filing date for AY 2025-26 (FY ...
ITR refunds are usually issued 4-5 weeks after e-verification, but many taxpayers are facing delays. Incorrect bank details, PAN-Aadhaar mismatch, and lack of documents are the main reasons. Learn how ...
Income tax refunds are significantly delayed this assessment year, with processing times extended even for routine cases. Official data shows a substantial drop in refund outgo compared to last year, ...