“Refund” in Income Tax
Section 156 of Income-tax Act 2025 — The ₹60,000 Rebate Explained
Section 156 of the Income-tax Act, 2025 gives a rebate of up to ₹12,500 where income is within ₹5,00,000, and up to ₹60,000 where income chargeable under section 202(1) is within ₹12,00,000.
Application for Stay of Tax Demand — Template
Draft reply for stay of outstanding tax demand pending appeal. Template with compliance notes. Illustrative only.
How to File ITR Online for FY 2025-26 (AY 2026-27) — Step-by-Step Guide
Complete step-by-step guide to file income tax return (ITR) online for FY 2025-26. Due date: July 31, 2026. Which ITR form, documents needed, e-verification, and refund tracking.
Section 425 of the Income-tax Act, 2025: Interest for Deferment of Advance Tax
An assessee liable to pay advance tax under section 404 must reach cumulative payments of 15%, 45%, 75% and hundred per cent of the tax due on returned income by 15 June, 15 September, 15 December and 15 March. A shortfall attracts interest of 3% for the first three dates and 1% for 15 March (the...
Petition to PCIT for Revision Under Section 264 — Template
Draft reply for revision of order in favor of assessee under Section 264. Template with compliance notes. Illustrative only.
Section 392 of Income-tax Act 2025 — TDS on Salary at the Average Rate
Section 392 of the Income-tax Act, 2025 requires salary TDS at the average rate on estimated income, lets the employer bear tax on non-monetary perquisites, and defers start-up ESOP deduction.
Income-tax Act 2025 Chapter XIX — Collection and Recovery of Tax (Sections 390–430)
Complete section-by-section mapping of Chapter XIX (sections 390–430) of the Income-tax Act, 2025 to the Income-tax Act, 1961, with what changed and why.
Section 139 IT Act 1961 — Return of Income (Due Date, Belated, Revised, Updated)
Section 139 return of income under Section 139, Income Tax Act, 1961. Analysis, examples, penalties, forms. March 2026.
Rectification Application Under Section 154 -- Draft
Complete guide to rectification under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
Interest on Refund Under Section 244A
Complete guide to Section 244A under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
NRI Tax Guide India 2026–27
Updated as per Income Tax Act 2025 (effective 1 Apr 2026). Residency rules, India-taxable income, new Sec 393(2) TDS codes for non-residents, DTAA benefits, Form 128 lower TDS, ITR filing, FEMA & repatriation — complete guide for NRIs and returning Indians.
Section 267 of the Income-tax Act, 2025: Tax on an Updated Return, Additional Income-Tax of 25% to 70% and the 10% Increase on Notice
Before furnishing an updated return, the assessee pays the tax, interest and fee and an additional income-tax of 25%, 50%, 60% or 70% of the tax and interest payable, depending on how late the updated return is (sub-section (5)(i)). Where the updated return is filed in response to a notice under...
ITR-3 Due Date and Late Filing Penalty
What is the due date for ITR-3, and what is the penalty for late filing? Here is a clear answer. ITR-3 due dates 31 July — individuals/entities not requiring audit 31 October...
ITR Filing Last Date 2026 — All Five Deadlines
The ITR filing last date in 2026 depends on the class of assessee: 31 July 2026 for ITR-1 and ITR-2 filers not subject to audit, 31 August 2026 for non-audit ITR-3 and ITR-4 filers, 31 October 2026 for audited assessees, 30 November 2026 for transfer pricing cases, and 31 December 2026 for a belated or revised return.
Form 16: What is It, How to Read, Download & Use for ITR Filing (2025-26)
Complete guide to Form 16 for FY 2025-26. What is Form 16, difference between Part A and Part B, how to download from TRACES, verify on income tax portal, and how to use Form 16 to file ITR.
Section 424 of the Income-tax Act, 2025: Interest for Defaults in Payment of Advance Tax
If an assessee liable to pay advance tax under section 404 paid none, or paid less than 90% of the "assessed tax", he is liable to simple interest at 1% for every month or part of a month, from 1 April following the tax year up to the date of determination of total income under section 270(1) and...
Form No. 100 under the Income-tax Rules, 2026: the audit report under section 268(5) by the accountant nominated on the direction of the Assessing Officer, and its statement of particulars
Rule 171(1) says the report of audit required to be furnished under section 268(5)(i) "shall be in Form No. 100". The time for the report is fixed by the section, not the rule: the Assessing Officer specifies the period, which can be extended, but in all not more than six months from the end of the...
Rule 220 of Income-tax Rules 2026 — Foreign Remittance Information in Form No. 145
Rule 220 of the Income-tax Rules, 2026 replaces Form 15CA and 15CB with Form No. 145 and Form No. 146. Part A applies up to Rs 5,00,000, Part B where an Assessing Officer certificate exists, Part C where an accountant certifies in Form No. 146, and Part D for sums not chargeable to tax.
How to Claim TDS Refund — Complete Process
TDS refund. Complete guide. Income Tax Act. Updated March 2026.
ITR Filing Document Checklist 2026–27 — What to Gather Before You File
A category-wise document checklist for filing your income tax return for FY 2026–27 — what every taxpayer needs, and the extra documents required for salary, capital gains, business income, house property and foreign income.
Application for TDS Refund — Process Guide
Draft reply for claiming refund of excess TDS deducted. Template with compliance notes. Illustrative only.
How to Claim Income Tax Refund in ITR
Complete guide to claim refund under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
How to Check Income Tax Refund Status Online
Complete guide to refund status under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.
Income Tax Refund -- How to Claim and Track Status
Complete guide to income tax refund under Income Tax Act. Computation, examples, old vs new regime, latest Finance Act changes. Updated March 2026.