Taxpayers can use ITR-U to disclose missed income or correct returns within 48 months
While some refunds may get issued earlier, large refunds may get delayed due to various discrepancies in the ITR filing
According to the Income Tax Department's website over 7.57 crore Income Tax Returns (ITRs) were filed for the Assessment Year (AY) 2025-26 as of September 23, 2025. While the numbers look healthy on paper, delays in processing are piling up.
If last-minute filing led to errors in your income tax return, don’t panic—there’s still a way to make corrections.
In a statement issued late Monday night, the CBDT said it was extending the income tax ITR filing due date from September 15 to September 16.
ITR Filing Due Date Extension Latest News Today (September 16): A later update revealed that over 7.3 crore returns had already been filed by September 15, surpassing last year’s record of 7.28 crore.
Filing even without taxable income will gain compliance and access to financial entitlements.
The actual exercise of choosing between the two regimes has to be done by the employee at the time of filing the ITR.
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Clear, practical steps to declare ESOP perquisites and capital gains without mistakes.
Even if you do not owe any tax, filing your ITR can release refunds, maintain financial entitlements, and enhance your financial integrity.
Certain simple precautions will shield you from tax notices, delayed refunds, or filing mistakes.
Filing your Income Tax Return past the due date isn't the end of the road—here's the way to do it and what it will cost you.
Erroneous mismatches in your tax return can avoid delay, scrutiny, or loss of refund.
Mismatch between Form 16 and Form 26AS can result in scrutiny—here's the way to correct it before filing your ITR.
The Income Tax Department has notified seven ITR forms for FY 2024-25. Here's a guide to help you pick the right one.
If a loved one has passed away, here's how to manage their income tax obligations the right way.
Senior citizens without health insurance can still claim up to ₹50,000 in tax deductions under Section 80D of the Income-tax Act while filing their ITR for FY 2025–26. Learn how medical expenses qualify, who can claim, and why this matters before the September 15 deadline. Old tax regime only.
From tax-saving investments to claiming the right deductions, here’s how to maximise your refund this year.
Discover the details of updated returns, including eligibility, process, additional tax implications and caveats to rectify errors or omissions.
Income Tax Return forms 2025: From higher thresholds for asset disclosure to updated capital gains reporting, changes have been brought about to provide relief to taxpayers.
After the release of ITR 1 and 4 forms, it is expected that the government shall soon release ITR 2 and 3 forms as well for filing tax return and receiving income tax refunds.
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November 15 is the last day for corporates and taxpayers requiring audits to file their Income Tax Returns (ITR) for FY 2024-25. Don’t miss the deadline! Join Payal Tiwari Sharma of Moneycontrol as she explains about penalties, interest charges, and other important details you need to know.
Income Tax Return Filing News: There is no fixed timeline of taxpayers receiving their refunds. While the I-T department has said that the refunds are being processed at a faster rate, many feel that the waiting period can be reduced drastically.