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It’s the fourth week of December. It is the last and final chance to look at your financial to-do list for 2025.A pension scheme you picked years ago pops up with a deadline. A tax return you meant to revise “next weekend” is now starting on December 31. And in the background, PAN-Aadhaar compliance still…
ITR filing FY 2024-25: The Income tax department (ITD) on Thursday said the recent communications sent to some taxpayers regarding their transactions are advisory in nature and aimed at facilitating voluntary compliance, not initiating enforcement action.In a post on X, the department said the messages were issued only in cases where there is an apparent…
Many taxpayers are puzzled this year as their Income Tax Return (ITR) status shows “processed”, yet no refund has landed in their bank accounts. The delay has led to confusion and frustration, especially after the record number of ITRs filed for the assessment year 2025–26. As of early September, over 7.68 crore returns have been…
