Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...
The court held that repeated resignation of key accounts staff constituted genuine hardship. Rejection of delay condonation under Section 119(2)(b) was set aside, directing acceptance of the belated ...
From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...
Refunds are being delayed due to mismatches, unverified returns or clarification notices. Here’s what your notice means and ...
The issue concerned condonation of delay in filing an ITR under Section 119(2)(b). The court upheld rejection, holding that ignorance of law and general reasons do not amount to genuine ...