Explains why TCS under section 206C(1G) applies to overseas remittances and tour packages. The key takeaway is that TCS is a reporting mechanism, adjustable or refundable, not a final tax ...

The Delhi High Court has held that ignorance of Indian tax laws doesn't constitute “genuine hardship” to condone delay in ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

Difficulty in financial planning, especially for individuals and businesses relying on timely refunds. Recommendation CBDT ...

Treasury Secretary Scott Bessent says Trump's One Big Beautiful Bill could give households up to £1,600 ($2,000) in tax ...

Many Indian taxpayers who filed income tax returns in September are still waiting for refunds for Assessment Year 2025-26.

A significantly larger number of taxpayers are receiving messages asking them to review deductions, exemptions, and ...

The Centralised Processing Centre (CPC) handles this and any hold-ups can stem from risk assessments. If no update arrives by ...

Thousands of tax refunds were suddenly put on hold and the message gave no reasons, no timelines. What is really going on ...

Link your PAN and Aadhaar easily online! Find out how, the Rs 1000 fee, and the December 31, 2025 deadline. Keep your PAN ...

If you’ve filed your income tax return and are expecting a refund but it’s on hold, you’re not alone. Many taxpayers face delays or hold-ups in refund processing. Understanding the possible reasons ...