Income Tax Return

This isn’t a bug. It’s the formula working exactly as designed.

Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and lost tax benefits, missing the ITR deadline makes compliance more expensive and restrictive for taxpayers.

India’s 2025 tax returns offer a rare glimpse into a changing economic mindset. From side businesses to market investments, taxpayers are no longer relying on a single stream of income.

Today is the final day for taxpayers to submit a revised Income Tax Return. If you have spotted any mistake in your earlier filing, following a few simple steps can help you complete the process quickly and smoothly.

There is only one day left to file a revised ITR for the current assessment year. With growing pressure on taxpayers and professionals, many are now wondering whether the Income Tax Department will extend the revised ITR deadline.

Found an error in your tax return and unsure what to do next? Is there any penalty if you correct it by filing a revised ITR before December 31?

If you think filing your income tax return locks everything in, that is not entirely true. The tax department recognises that genuine mistakes can happen and allows taxpayers to revise their returns, provided they act within the allowed time window.

With the December 31 deadline fast approaching, many taxpayers are unsure whether they need to file a revised or a belated income tax return. Recent alerts from the income tax department have made it even more important to understand the right option.

Waiting for an income tax refund can be frustrating, especially after filing your return on time. While delays are common, tracking your ITR status online is easy and can give you clarity on where things stand.

The tax department’s latest clarification aims to ease taxpayer anxiety, stressing that the alerts are advisory and encourage voluntary correction. Refunds will resume once discrepancies are fixed or claims are verified as genuine.

The communication has caused anxiety because of its wording, which tells taxpayers that not responding “may be construed as a deliberate choice” and that such cases may be taken up for detailed investigation.

Several taxpayers in India have not received their income tax refunds for the assessment year 2025-26, with delays attributed to verification errors and compliance checks.

Taxpayers have reported delays in receiving income tax refunds, with many cases marked as 'under processing' for months. Experts say stricter scrutiny, data mismatches, and a heavy processing backlog are the main factors behind the slowdown.

With more Indians juggling salary, digital earnings, investments and gig income, tax filings in 2025 saw a jump in errors. The biggest trouble areas were AIS mismatches and confusion around capital gains, leading to incorrect returns.

If your tax refund is taking longer than usual, you’re not the only one. In most cases, the delay isn’t due to the system but small filing mistakes that can easily be fixed.

The Indian government is preparing to implement a new Income Tax Act from April 1, 2026. This article examines the upcoming changes to tax forms, the timeline for notification, and the government's efforts to simplify compliance for taxpayers.

For anyone who hasn’t filed their ITR yet, the year-end deadline matters more than ever. December 31 is the final date to submit a belated or revised return, and delaying further could cost you refunds and tax credits.

According to the Income Tax Department, more than 7.57 crore returns were filed by September 23, yet refunds for many taxpayers remain pending.

Taxpayers requiring audit reports have got more time this year — the CBDT has extended the ITR filing due date to December 10, 2025.

Realised there’s an error in your ITR after submission? You’re not alone. Many taxpayers make small mistakes while filing, but the good news is — you can still correct them through an updated return.