ITR-U: Second Chance for Missed Income at High Cost
Taxpayers who missed December's revision deadline can still file updated returns through ITR-U, but only if it increases tax liability with penalties rising up to 70% over four years.
Taxpayers who missed December's revision deadline can still file updated returns through ITR-U, but only if it increases tax liability with penalties rising up to 70% over four years.
Many taxpayers face ITR refund delays due to verification issues and mismatches. Learn the main causes and the steps you should take to resolve the issue and track your refund status effectively.
Purchased a car above ₹10 lakh and paid 1% TCS? You can claim a refund. Learn eligibility, required documents like Form 27D, and the step-by-step process to get your money back via ITR filing.
IndiGo passengers face refund delays over a month after mass flight cancellations in December. Issues persist for those who booked via third-party platforms. Read the full story.
A Special Investigation Team in Kolkata has moved court to release Rs 19 crore for refunds to fans of Lionel Messi. Over 34,000 fans await ticket money from the cancelled Salt Lake Stadium event.
Nearly 700 Delhi University aspirants face months-long refund delays after cancelling CUET seats. Technical glitches leave over ₹70 lakh pending. Details on the annual vacancy pattern inside.
From mandatory PAN-Aadhaar linking to the 8th Pay Commission's start, explore key financial changes impacting banking, taxes, and budgets from New Year 2026. Stay informed.
From January 1, 2026, major financial rules change: Revised ITR deadline ends, PAN-Aadhaar linking mandatory, credit score updates weekly. Know all key changes affecting your pocket.
Dense fog in Chandigarh has crippled train operations for over a week, causing massive delays, including a 10-hour setback for Unchahaar Express. Read how passengers are coping and get the latest updates.
Taxpayers can file revised ITR until Dec 31, 2025 for AY 2025-26. Learn how to check your refund status online and understand common reasons for processing delays.
Filing a revised ITR before the Dec 31, 2025 deadline? Experts warn that failing to verify it will render it invalid. Learn the mandatory steps to ensure your corrections are accepted by the tax department.
Shreyas Iyer's return to competitive cricket faces a setback. Get the inside details on the fitness concerns, revised timelines, and the next steps for the star batter. Read the full report.
Thousands face tax refund delays as the Dec 31 deadline for revised ITR filing nears. The income tax department has yet to process 70 lakh returns for AY 2025-26. Act now to avoid higher penalties.
India's DRDO successfully conducted the maiden flight test of the Pinaka Long Range Guided Rocket (LRGR 120) with a 120 km range at ITR Chandipur, marking a major boost for artillery capabilities. Defence Minister Rajnath Singh hailed the development as a
Chartered accountant Mahesh Nayak received a tax notice for undisclosed foreign assets. Learn how to correctly declare US RSUs in your ITR, including cost vs. current value and filing a revised return.
The Income Tax Department is sending direct emails & SMSes to taxpayers over mismatches in ITR claims, pausing refunds. Find out why and what to do before Dec 31 deadline.
Alia Bhatt's film Alpha faces another delay, reportedly to avoid a box office clash with Salman Khan's Battle of Galgan on April 17. Get the latest Bollywood updates here.
Filing a belated or revised ITR for FY24-25? Know the crucial CBDT rules on gold holdings. Learn the exempted limits per family member and avoid seizure risks. Act before Dec 31, 2025.
Income Tax Dept holds refunds due to ITR discrepancies. Taxpayers get alerts days before Dec 31 revision deadline. Experts explain reasons, risks, and steps to take.
Struggling with a delayed ITR refund? Learn why refunds get stuck and follow our simple guide to check your income tax refund status online via the e-filing or NSDL portal.
A Delhi court acquits three accused in a 2009 acid attack case due to lack of evidence, dealing a blow to the survivor's 16-year fight for justice. Read the full story.
A 25-year-old man in Tehri lost both hands after an alleged attack by his brother and sister-in-law. Delayed treatment caused a severe infection, forcing amputation. Police have arrested the accused.
Confused about revised vs updated ITR? Learn key differences, deadlines (Dec 31, 2025 & Mar 31, 2030), penalties, and how to avoid fines. File correctly now!
Still waiting for your ITR refund? Learn why refunds fail and follow our detailed guide to raise a refund reissue request on the e-filing portal before the deadline.
Taxpayers have until January 31, 2025, to file revised income tax returns for AY 2025-26. Learn the step-by-step process and crucial rules for correcting errors in your ITR.
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.
As 2024 ends, a 'Secret Santa' emerges in India's tax data. Discover the surprising trends in last-minute ITR filings and what they reveal about financial behavior. Read the full analysis now!
Thousands face delayed income tax refunds as I-T Dept's 'NUDGE' campaign flags discrepancies. Learn why refunds are stuck, the new December 31 deadline for revised returns, and what taxpayers must do.
Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.