The Income Tax Department has released the Excel utilities for ITR-2 and ITR-3 for Assessment Year 2025-26. Thus enabling taxpayers with capital gains, crypto earnings, foreign assets along with ...

The income tax department has made several changes in the income tax return (ITR) validation rules for reporting income earned during FY 2024-25 (AY 2025-26). As of today, only the Excel-based ITR ...

New Delhi: Even after filing income tax returns (ITRs) on time and seeing the status marked as 'processed,' many taxpayers are still waiting for their refunds to be credited to their bank accounts.

Net direct tax collections grew 6.33% to Rs 11.89 lakh crore so far in AY 2025-26 as against Rs 11.18 lakh crore in the same period a year ago, mainly due to a sharp dip in income tax refunds, ...