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When an Income Tax Return shows the status “Processed” but the refund still hasn’t arrived, it usually means the tax department has completed verification and computed the refund, but the credit has not reached the bank account. This delay often arises from incorrect bank details, a mismatch in tax records, or pending verification at the Centralised Processing Centre. Refunds can also be held up due to a failed transaction at the bank’s end, even when everything appears corre

Tracking a rectification request on the Income Tax Portal has become significantly easier after the 2025 system enhancements that now allow both CPC-processed and AO-processed rectifications to be monitored online. The portal displays real-time updates regarding errors corrected under Section 154 of the Income Tax Act, 1961, ensuring clarity on whether a request is submitted, in progress, completed, or rejected. With the upgraded dashboard and streamlined navigation, taxpaye

Refund mismatches occur when the amount credited by the Income Tax Department does not align with the refund shown in the processed ITR. This usually happens due to errors in TDS claims, mismatches in Form 26AS or AIS, adjustments against outstanding dues, or mistakes in computation made during processing under Section 143(1) . The issue can be corrected through a structured rectification process on the Income Tax Portal, ensuring the correct refund is reissued. Platforms lik

Refund status showing failure usually indicates that the Income Tax Department could not credit the refund because the bank account details in the return do not match PAN records, lack pre-validation, or belong to an inactive or closed account. Refund failure is primarily a banking information mismatch issue, not an error in the ITR itself. Correcting the bank details, validating the account, and initiating a refund reissue request typically resolves the problem. With stricte

Errors in income tax returns are common, and the Income Tax Act provides two specific ways to correct them: revised returns and rectification requests. Both serve different purposes and apply in different scenarios, depending on the type of error and when it is discovered. Revised returns help correct missing income, wrong deduction claims, incorrect personal details, or even mistakes in the ITR form used. Rectification applies only to clear, apparent errors found in the proc

The belated ITR filing last date for FY 2024-25 is December 31, 2025, and this deadline applies to anyone who misses the original due date, which was extended to September 15, 2025 for most non-audit taxpayers. A belated return lets taxpayers file after the due date, but it comes with late fees, interest, and certain restrictions. Refunds may get delayed, losses may not be carried forward, and penalties under Section 234F can go up to ₹5,000. Platforms such as TaxBuddy pro

Form 26AS is the tax credit statement that records TDS, advance tax, and self-assessment tax reported against a PAN. Any mismatch between Form 26AS and documents like Form 16 or AIS can lead to refund delays, defective return notices, or incorrect tax calculations. Identifying inconsistencies before filing the return ensures smooth processing and prevents unnecessary tax scrutiny. A quick review of tax credits, deduction entries, and reported income helps eliminate errors t

With the Income Tax Department introducing the “Discard Return” feature for AY 2023–24 onwards, taxpayers can now withdraw an unverified ITR filed under Section 139(5). This option applies only to revised, original, or belated returns that remain unverified and need correction before submission. Once discarded, the return is permanently removed, allowing a fresh filing within the permitted timelines. This update aims to reduce filing errors and simplify the process of correct

Advance tax payments often create confusion because taxpayers expect instant updates, yet the Income Tax system records these payments through multiple layers that take time to sync. Understanding where and how this information appears ensures that taxpayers can verify their payments confidently and avoid issues during ITR filing . The process involves checking the Annual Information Statement, challan status, and Form 26AS across official government portals. Reliable confir

Schedule 80G is the section in an Income Tax Return where donations made to approved charitable institutions are declared for deduction under Section 80G. The details entered in this schedule influence the deduction amount and directly impact taxable income. Accurate reporting ensures the donation is valid, eligible, and supported with proper documentation, especially under the old tax regime. With increased scrutiny and mandatory 80G verification norms, precise entry becomes