The Income Tax Department has now enabled utilities for filing updated income tax returns (ITR-U) in ITR-1 and ITR-2 for the assessment years (AY) 2021-22 and 2022-23 as per Finance Act, 2025. Union ...
ITR filing FY 2024-25: The Income Tax Department has now made available the excel utilities for ITR-2 and ITR-3 forms, enabling individuals with taxable capital gains, crypto income and other ...
Income tax refunds usually get delayed because often times the returns are not fully processed, or the I-T Department finds ...
In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank ...
I-T Department's deadline given to people for filing their revised ITRs is in focus now. However, some refunds filed have ...
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 ...
Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...
Income Tax Department urges taxpayers to file revised or belated returns for AY 2025–26 by December 31 to avoid higher tax ...
Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...
ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...