Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...
Income tax refunds are delayed this year due to stricter verification, AIS–26AS mismatches, high filing volumes, and bank detail issues. Taxpayers are urged to verify data, respond to notices, and ...
Tribunal held that freight amounts collected and passed on to airlines are mere reimbursements, not income. Only the assessee’s service margin is ...
If the TDS you’ve claimed in your return is higher than what appears in Form 26AS or AIS, the system immediately flags it — ...
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 ...
Panaji: The GCCI, in its pre-Budget memorandum to the finance ministry, has called for additional fields in the new Income ...
The PM Narendra Modi-led Indian government rolled out the new Income Tax Act. Passed in the house on August 21, 2025, it will ...
Many taxpayers experience delays in receiving their income tax refunds, often due to errors made during the filing process.
Under Section 206C (1F), the seller must collect TCS at 1 per cent of the value of any car priced above Rs 10 lakh. So if ...
The Delhi High Court rejected an application seeking condonation of a nine-month delay in filing a revised ITR, holding that no sufficient cause or genuine hardship was established. The original ITR ...
The TCS amount will, by default, appear in the 'Taxes Paid' part of your ITR for the relevant financial year. All you have to ...
Meanwhile, PAN is a 10-digit alphanumeric number issued in the form of a laminated “PAN card” by the Indian Income Tax ...