Is your income tax refund delayed? Check reasons and solutions for ITR refund delays
Income tax refund: Your awaited refund might be delayed due to errors in your income tax return.
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Income tax refund: Your awaited refund might be delayed due to errors in your income tax return.
ITR Deadline 2023 Update, Income Tax: The income tax department says it will continue to provide support till July 31, including Saturday and Sunday
With the PAN-Aadhaar linking deadline passed, your PAN card becomes inoperative, and reactivating it can take up to 30 days, potentially causing you to miss the income tax return filing deadline. Know the implications here.
ITR filing: There were over 4.1 crore individual taxpayers who reported an income of up to Rs 5 lakh in AY 2021-22, the Centre told Lok Sabha on February 13.
An additional 25 per cent on the due tax and interest would have to be paid if the updated income tax return (ITR) is filed within 12 months, while the rate will go up to 50 per cent if it is filed after 12 months.