Section 119(2)(b) allows condonation of delay for unfiled ITR refund claims. Know the five-year limit, procedure, conditions ...
Kolkata: The month of May is drawing to a close and the countdown to filing ITR (Income Tax Returns) has begun with the IT Department launching ITR 2. This tax filing form applies to individuals whose ...
Income-tax refunds are issued when the tax paid exceeds the actual liabilities after deductions. Today, we look at the ...
The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...
ITAT Chandigarh upheld ₹2.06 lakh penalty u/s 272A(2)(e), rejecting reasonable cause where ITR-V was submitted 5½ years after filing.
ITR Refund Status 2026: Knowing these reasons can help taxpayers resolve issues faster. Many taxpayers across India are waiting for their income tax refunds after filing their Income Tax Returns for ...
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The Income Tax Department announced that a record 7.8 crore income tax returns (ITRs) were filed for Assessment Year 2026-27 ...
Many salaried individuals have to use the ITR-1 form to file their tax returns. A resident individual having total income up to Rs 50 lakh from salary, one house property and income from other sources ...