ET Now on MSN

ITR refund delay: 8.17 cr income tax refunds processed, yet lakhs await – why it's taking time

ITR refund delay: As of January 19, 2026, while over 8.17 crore ITRs have been processed out of 8.69 crore verified filings, lakhs await refunds due to factors like high-value claims triggering extra ...

No loss of income tax refund under new Income Tax Act 2025: Loss can be set-off with tax refund due under old 1961 income tax act

Taxpayers can now have their income tax refunds from the old 1961 Act set off against demands under the new 2025 Act, and ...
The Financial Express

This year, your employer may not issue Form 16 — what you’ll get instead

From new ITR forms to the replacement of Form 16 with Form 130, income tax filing is set to change from April 1, 2026. Here’s what taxpayers should know.
The Financial Express

Relief for taxpayers: Late ITR filing won’t block tax deduction, rules ITAT in a key case

Mumbai ITAT has ruled that housing societies can claim Section 80P deduction on interest earned from co-operative banks, even ...

Income tax refund still pending? Here's why it may be delayed and what happens next

The deadline for filing income tax returns for assessment year 2025-26 was extended to September 15, 2025. Many taxpayers are ...