The Income Tax Department of India has begun processing returns for Assessment Year (AY) 2025–26 with over 1.05 crore Income Tax Returns (ITRs) already filed as of early July 2025. Around 95% of these ITRs have been verified, and about 63 lakh have been processed. However, many taxpayers are reporting income tax refund delays this year.
House Rent above 50,000? Here’s the TDS Rule You Need to Know Paying high monthly rent in India can come with an easy-to-overlook, but critical, tax obligation. If you are paying more than ₹50,000 per month in rent, you need to be aware of TDS on rent under Section 194-IB of the Income Tax … Read more
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If you want to avoid receiving unwanted Income Tax Notices this year, this guide is for you. We’ll explain 5 common mistakes that trigger notices, and a new update on online filing of Form ITR-B for taxpayers receiving Section 158BC notices.
The Income Tax Department has taken another step toward making tax compliance easier and more transparent. In a major development, taxpayers who have received notices under Section 158BC of the Income Tax Act can now submit Form ITR-B online through the e-Proceeding tab on the official income tax portal.
This move is part of India’s larger goal to build a faceless, technology-driven, and taxpayer-friendly ecosystem.
The Income Tax Department has issued new guidelines in June 2025 explaining how it chooses which income tax returns (ITRs) will go for detailed scrutiny for Financial Year 2025-26.
If you’ve been worried about getting a scrutiny notice, this article explains how and why your ITR may be selected.
These guidelines improve transparency by explaining what parameters the department uses.
