Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...

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

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given ...

The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ITR. It needs to be noted that your refund could be stuck if you do not ...

Up to December 31, taxpayers still had the option to file a belated return if they missed the original due date or submit a ...

Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...

Income tax return options for AY 2025–26 after December 31 explained. Learn how to claim refunds or correct errors via ...

The Centralised Processing Centre (CPC) handles this and any hold-ups can stem from risk assessments. If no update arrives by ...

A significantly larger number of taxpayers are receiving messages asking them to review deductions, exemptions, and ...

Processing held” is a risk-based flag, not a notice. Taxpayers should review and correct discrepancies within the defined window to avoid delays and compliance ...

If excess tax paid by a taxpayer is not refunded within the stipulated time, the income tax department must pay simple ...