Tax refunds are projected to significantly increase in 2026 due to the retroactive One Big Beautiful Bill Act (OBBBA). An ...

I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...

The Income Tax Department has notified taxpayers via email and SMS that their refunds are being held due to discrepancies in ...

Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...

For millions of taxpayers, the wait for income tax refunds has been longer than usual this year. With only six days left ...

When a return is flagged under the risk management framework, the refund does not move forward on its own. If a taxpayer does ...

Learn why refund claims are being paused under a risk-based system and how timely reconciliation or revision can ensure smooth ...

Tax officials are quietly preparing Americans for a 2026 filing season that will look very different from the past few years, ...

The Allahabad Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that the extended period of limitation cannot be invoked when the assessee has regularly disclosed ...

The Income-tax Act, 1961, the principal law governing direct taxes for generations, is being replaced by the Income-tax Act, 2025, from April 1, 2026.

PAN-Aadhaar linking is mandatory for certain PAN holders by 31, 2025. Failure to comply will make the PAN inoperative from ...

If you filed your original return on time and later spot a mistake, filing a revised ITR before December 31 is usually the ...