Articles

Over 61 lakh income tax returns remain unprocessed in AY 2025-26, mainly due to data mismatches, verification issues, and extended processing timelines allowed under tax laws.

Refund Still Not Received for AY 2025-26? Know Reasons Why 61 Lakh ITRs Are Still Pending to be Processed

Judgement

ITAT holds assessee as Non-Resident under Section 6, deletes additions on foreign bank deposits and credit card expenses

Assessee Held Non-Resident; Foreign Bank Deposits & Credit Card Spend Not Taxable in India

The new income tax law will focus on digital processes. There will be an automated system used for assessments and managing the data.

Income Tax Act 2025: Key Income Tax Changes From April 1

News

The Income Tax Department conducted a surprise raid at Hicks Thermometer Factory in Aligarh, scrutinising financial records and stock registers while maintaining tight security.

IT Dept. Cracks Down Hicks Thermometer Factory on ITI Road, Aligarh; Financial Records Being Examined

Notifications

The CBDT has approved Inbar Holding RSC Limited as a specified pension fund, allowing it to claim tax exemption on eligible investments made in India.

Govt. Approves Inbar Holding RSC Limited for Tax Benefits u/s 10(23FE) of Income-tax Act 1961

Comprehensive Guide on how to claim a tax refund or correct mistakes after missing December 31 income tax filing deadline.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Refund Still Not Received for AY 2025-26? Know Reasons Why 61 Lakh ITRs Are Still Pending to be Processed

Assessee Held Non-Resident; Foreign Bank Deposits & Credit Card Spend Not Taxable in India

Income Tax Act 2025: Key Income Tax Changes From April 1

IT Dept. Cracks Down Hicks Thermometer Factory on ITI Road, Aligarh; Financial Records Being Examined

Govt. Approves Inbar Holding RSC Limited for Tax Benefits u/s 10(23FE) of Income-tax Act 1961

December 31 Deadline Passed? Options for Correcting Your Tax Return