If the Income Tax Department’s Centralised Processing Centre (CPC) fails to process an income tax return (ITR) within the legally prescribed time limit, taxpayers do not lose their refund rights. In ...

Income tax refund not credited yet? Before you panic, check the latest processing data and the common reasons that may be ...

If your income tax refund has not been credited yet, you are not alone. The government has informed Parliament that nearly 24 lakh Income Tax Returns (ITRs) for Assessment Year (AY) 2025–26 have ...

Nearly 24.6 lakh income tax returns are pending for processing for over 90 days, the government told Parliament, citing technology-driven risk analysis and NUDGE compliance campaigns as the key ...

Many taxpayers expecting quick refunds are finding themselves stuck in a long wait. With several income tax returns pending for over 90 days, concerns are growing about delays and what they mean for ...

Tax professionals say a significant number of tax refunds have been credited over the past day, including high-value credits ...

However, from April 1, 2026, transactional forms such as tax deducted at source statements, remittances, Form 60, and Form 15G/15H would operate under the new simplified framework.