CBDT Updates TDS/TCS Correction Timeline Under New Income Tax Act 2025; Sets 2-Year Deadline For Filing Return

As per Section 397(3)(f) of the Income Tax Act, 2025, deductors and collectors are allowed a period of two years from the end ...
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Why your income tax refund is delayed? In how many days can you get it after filing ITR? Here's how to check refund status

After meeting the income tax filing (ITR) deadline of September 16, 2025, many taxpayers have now been eagerly waiting for their income tax refund. Before checking the income tax refund status, you ...
Tax Guru

TDS Credit Cannot Be Denied Based Solely on Form 26AS Mismatch: Allahabad HC

The Allahabad High Court, in U.P. Rajya Nirman Sahakari Sangh Limited vs Union of India, quashed a tax recovery notice, holding that an assessee must be given credit for Tax Deducted at Source (TDS) ...
Tax Guru

Revised Return No Bar to Full 244A Interest Entitlement – Refund Interest to Run from 1 April 2017 -up to Date of Refund Draft Issue

The ITAT ruled that filing a revised return does not restrict interest entitlement on the amount claimed in the original, timely filed return, citing the Gujarat High Court. Interest must run from ...