When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
The Income Tax Department of India has officially opened the window for filing Updated Income Tax Returns (ITR-U) for Assessment Years 2020–21 and 2022–23. This update is crucial for taxpayers who ...
In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank account validation issues, or cases selected for scrutiny.
I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...