The forms were updated for the Income Tax Act, 2025, which was enacted on August 21 and come into effect from April 1, 2026.

New ITR Forms: The new Income Tax Return (ITR) forms as per the Income Tax Act 2025 will be notified in the financial year ...

The new Income Tax Act, enacted on August 21, 2025, will come into effect from April 1, 2026, replacing the 1961 legislation.

New Income Tax Act ITR forms to be simplified and notified before FY28, per Minister Pankaj Chaudhary's announcement.

Key changes include easier language, streamlined ITR forms, the introduction of a clear "Tax Year" concept, and reduced ...

Explore the significant delays in income tax refunds for FY 2024-25, their causes, including AIS mismatches and processing ...

Income Tax: Fewer than 30 days are remaining before the September 15 deadline to file the income tax return (ITR) for FY 2024-25. It is crucial for taxpayers to use the correct income tax return form ...

Highlights the legal obligations of timely ITR filing, penalties for delays, and the benefits of maintaining a clean financial ...

Every year several taxpayers wait anxiously for their income tax refunds to get credited to their bank account. For many, the ...

Many taxpayers experience delays in receiving their income tax refunds, often due to errors made during the filing process.

The refund process begins only after your ITR has been successfully e-verified. In most cases, refunds are credited within ...