The first thing to remember is there is no need to panic if your refund is delayed. Start by logging into the income tax ...

Income tax refunds are typically delayed when returns are not fully processed or when discrepancies are detected in the ...

Refund delays usually arise because the return is not fully processed or because the tax department has flagged a mismatch or ...

EY-India outlined certain direct tax reforms, which if introduced, could unlock private capital, enhance competitiveness, and ...

Most of the flagged cases in December involved returns where exemptions or deductions were claimed in the ITR but did not ...

Over 63 lakh income tax returns for Assessment Year 2025-26 remain unprocessed, delaying refunds for many taxpayers despite the December 31 deadline for belated filings. , Economy, Times Now ...

Over 63 lakh income tax returns are still under processing in AY 2025–26, leaving many taxpayers waiting for refunds even ...

The Tribunal noted that Form 26AS discrepancies were caused by contracts and TDS continuing in the proprietor’s PAN after business conversion. Since reconciliation was not properly examined, the issue ...

The Tribunal set aside the appellate order after finding that no enquiry was conducted despite clear evidence in Form 26AS. The ruling underscores that undisputed pension income cannot be ignored ...

Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ruling mandates tax authorities to accept taxpayer-provided TDS documentation, ...

In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax demand raised solely due to a TDS mismatch in Form 26AS, reaffirming that Section ...