The Income Tax Department provides guidelines for Income Tax Return (ITR) scrutiny. These guidelines ensure transparency in ...

Section 158BC applies when undisclosed income is unearthed during search or seizure operations conducted by the Income Tax ...

Income tax refunds may be delayed this year due to the late release of ITR-2 and ITR-3 forms and ongoing technical upgrades.

It is not mandatory to file an ITR if your income falls below the exemption limit, but filing it can help you earn rewards in ...

Check Taxable Income: In part B of Form 16, one can find their taxable income details towards the end. Make sure all the ...

Before filing your Income Tax Return (ITR) in 2025, ensure your PAN card is active to avoid rejection or delays. The Income ...

Delays in releasing ITR-2 and ITR-3 forms are causing concern among taxpayers with more complex financial profiles, including ...

To find out if your bank offers the facility, you can check for the Net Banking option on the Income Tax e-Filing website, or ...

Wait for the updated form as schema is pending. Pay pending tax on capital gains to avoid interest under Sections 234B/C. For home loans, claim Rs 30,000 interest deduction under Section 24(b) and up ...

It’s ITR season but many taxpayers can’t find the ITR-2 and ITR-3 forms on the Income Tax portal yet. If you have capital gains, foreign income or business income, this delay might worry you. The good ...

Filing your income tax return correctly depends on one major factor: matching your declared income and taxes paid with the ...

Income tax refunds are usually processed within a few weeks of ITR verification, but delays can occur due to errors or mismatches.