Income tax refunds for the 2025-26 assessment year are being credited. Some taxpayers are still waiting for their refunds.
Many taxpayers have received their income tax refunds after filing and verifying their ITRs, while others are still waiting.
CBDT chief Ravi Agrawal said on Monday that delays in Income Tax refunds are due to analysis of high-value or flagged claims.
If your ITR refund is delayed despite filing on time, you may be entitled to interest under Section 244A. The Income Tax ...
Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...
New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, ...