Cleartax annual report for 2025 suggests that tax filers are no longer relying on a single source of earnings. They are ...

According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...

The most striking transformation appeared in the composition of returns filed this year. ITR-3 filings, representing ...

ClearTax’s How India Filed in 2025 report reveals a surge in multi-income tax filings, driven by millennials and Gen Z ...

Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...

I-T Department's deadline given to people for filing their revised ITRs is in focus now. However, some refunds filed have ...

In 2025, Indians diversified their earnings, moving from a salary-based economy to multiple income sources, as revealed by ...

India’s tax data shows a shift beyond salary-only incomes, with Gen Z and millennials increasingly reporting multiple income ...

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

The Centralised Processing Centre (CPC) handles this and any hold-ups can stem from risk assessments. If no update arrives by year-end, it doesn't automatically void the return. The cutoff mainly ...

The issue was whether exemption under Section 11 could be denied solely due to wrong data punching. The court ruled that ...

In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, ...