Under Section 206C (1F), the seller must collect TCS at 1 per cent of the value of any car priced above Rs 10 lakh. So if ...

Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...

The income tax department is analysing certain refund claims flagged by the system, either because they were "high-value" or ...

The Tribunal directed a fresh adjudication after the assessee was wrongly credited with company income due to erroneous PAN and 26AS entries, emphasizing fair play over technical ...

Several taxpayers in India have not received their income tax refunds for the assessment year 2025-26, with delays attributed ...

The Times of India introduces 'Hack of the Day,' offering simple, practical solutions for everyday challenges to save time, money, and stress. This series highlights accessible tools and features for ...

The Tribunal ruled that inadvertent omission of claiming advance tax does not bar interest under Section 244A. Authorities ...

Several taxpayers are still awaiting their ITR refunds as the department flags mismatches, incomplete verification and Aadhaar-PAN errors during processing.

Taxpayers have reported delays in receiving income tax refunds, with many cases marked as 'under processing' for months.

ITR refund delays in 2025 are affecting thousands of taxpayers due to verification backlogs, mismatched details, and pending ...

Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...