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TAX REFUND DELAY
Delhi HC raps I-T dept over Rs 53 crore Vodafone Idea refund delayThe Delhi High Court has ordered the income tax department to refund Vodafone Idea ₹53.09 crore. This refund is for assessment years 2003-0...- Rs 5.31 lakh income tax refund denied as taxpayer did not claim it in the original ITR; he approaches ITAT Delhi and wins the case to get tax refund with interestRs 5.31 lakh tax refund denied as it was not claimed in the original ITR but in the subsequently filed Section 148 ITR; ITAT Delhi orders t...
- Can the IRS EITC 2026 really deliver up to $8,231? Check these income and child rules before filing Form 1040The IRS EITC 2026 can put up to $8,231 back into the hands of eligible workers. But it is not a payment for everyone. Your earned income, f...
- How India's digital infrastructure opened global markets to Indian investorsIndian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and i...
- US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...
- Finance panel calls for AI checks for tax refundsA parliamentary committee has identified a concerning surge in income tax refunds that are taking too long to process. To expedite genuine ...
- Absolute volume of business compliances remains major friction point for firms: Stakeholders to Parliamentary PanelDomestic enterprises face significant compliance burdens despite central deregulation efforts. Overlapping rules inflate operational costs ...
- FISME seeks GST overhaul to ease MSME complianceFISME seeks Goods and Services Tax reforms to ease MSME compliance burdens. They propose a safe harbour for input tax credit and faster GST...
- Interior designer takes Rs 4.9 lakh full payment, leaves work incomplete: Consumer court orders refund after family is forced to stay on rent for monthsNoBroker has been ordered to refund Rs 4,90,716 to a Hyderabad customer after a consumer commission found it collected the full contractual...
- The company is losing money. So why is the boss still taking crores?Companies pay money to the people who run them, and these are often the same people who influence how much they should get. Does this numbe...
- ITR filing deadline extension: Has income tax filing last date of July 31, 2026, been extended? Know moreThe July 31, 2026, income tax return filing deadline remains unchanged for many taxpayers. Those who missed this date must now file a belat...
- Missed filing your ITR by July 31, 2026? Know your options and here’s what you can do nowTaxpayers missing the July 31, 2026 income tax return deadline have options. A belated ITR can be filed until December 31, 2026, with a lat...
- Don’t worry if you miss July 31, 2026 ITR filing due date as belated ITR with late fee can be filed by this date; Know who can file itITR filing deadline: Missing the July 31 income tax filing deadline allows for belated returns. Taxpayers can file a belated return within ...
- What if you miss the July 31, 2026 ITR filing due date? Here are your optionsMissing the July 31, 2026 ITR filing deadline incurs a late fee. Belated returns can be filed with interest and a penalty up to Rs 5,000. C...
- Rs 1,000 or Rs 5,000 late filing fee for missing ITR filing deadline of July 31? How much fine you may need to pay and whyITR filing deadline: The July 31, 2026, deadline is crucial for many taxpayers filing income tax returns. Missing this date incurs a late f...
- Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculationNRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term ca...
- ITR filing deadline of July 31, 2026: With only 4 days left to due date; 5 checks you must complete before submitting formITR filing: Taxpayers have four days remaining to file their Income Tax Return by the July 31, 2026 deadline. It is important to match Form...
- Housing society asks homebuyer to pay previous owner's maintenance dues of Rs 80,000; experts explain what you should do in this situationHomebuyer asked to pay previous owner's dues of Rs 80,000: In his Reddit post, a homebuyer shared that the previous owner had around Rs 80,...
- ITR filing deadline FY 2025-26: Due dates, penalties, and what happens if you miss July 31 deadlineTaxpayers will file Income Tax Returns for FY 2025-26 under the Income-tax Act, 1961. The due date for most individuals is July 31, 2026, w...
- Will filing your ITR early get you a faster income tax refund? Here's what really determines the processing timeFiling income tax returns early increases processing likelihood but does not guarantee faster refunds. Successful e-verification and matchi...
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