Tax practitioners attribute the slump to a combination of delayed ITR form releases, tighter verification rules, and ...

Income tax refunds are significantly delayed this assessment year, with processing times extended even for routine cases.

Many car buyers in India are unaware they can claim a tax refund on Tax Collected at Source (TCS). Sellers deduct 1% TCS on ...

To ease the burden on affected taxpayers, the law provides for interest on delayed refunds through Section 244A of the Income ...

Every year several taxpayers wait anxiously for their income tax refunds to get credited to their bank account. For many, the ...

Taxpayers struggling with long income tax refund delays may finally get some relief if the income tax department accepts this ...

As per the latest update, the process could be completed by end of December. However, did you know the IT department is ...

Taxpayers are issued a refund, along with interest at the rate of 6% per annum, which will start on 1 April 2026 and continue ...

ITAT held that discretionary trusts with unknown beneficiary shares must be taxed at the maximum marginal rate unless statutory exceptions apply, restoring the matter for ...

If your ITR refund for FY24–25 hasn’t arrived yet, you’re not alone. Many taxpayers are seeing longer delays this year. The ...