- Advertisement -
Home Personal Finance CBDT gives big relief to these taxpayers, they will get more time...

CBDT gives big relief to these taxpayers, they will get more time to process ITR

0
CBDT gives big relief to these taxpayers, they will get more time to process ITR

The Central Board of Direct Taxes has given a big relief to the taxpayers. The CBDT has given more time for the processing of income tax returns filed through electronic means.

The Central Board of Direct Taxes has given a big relief to the taxpayers. The CBDT has given more time for the processing of income tax returns filed through electronic means. Let us tell you, these were wrongly validated by CPC Bengaluru due to technical reasons.

What has been said in the CBDT circular

In the circular issued by the CBDT on Monday, it was directed that the ITRs filed through electronic means till March 31, 2024, which were invalidated by mistake, can now be processed. Information about all these returns will be sent to the taxpayers by March 31, 2026.

This decision will help taxpayers get refunds with interest. Let us tell you, it has been clarified in the issued circular that if the PAN card is not linked to the Aadhaar card, then they will not be refunded.

CBDT has directed all the parties on this issue to work according to the circular.

Tax File Deadline

The window for filing ITR for assessment year 2025 has opened. Along with this, many changes have been made in it. Especially capital gains have to be kept in mind. Taxpayers should check the updated tax slab rates carefully

- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com

Exit mobile version