The income tax department processes a tax refund claim after the taxpayer e-verifies the ITR. Depending on the case's complexity, this typically takes four to five weeks.

Section 80TTB was introduced in the Income Tax Act to provide tax relief to senior citizens.

The deadline to file an income tax return (ITR) is July 31; file your ITR returns on time to avoid last-minute technical glitches on the e-portal site.

Verifying your tax return is as important as filing your Income Tax Return (ITR), failing which can attract penalties and other provisions of the law. Learn more.

Equity investment is one of the most tax-efficient instruments, but they are also liable for taxes depending on factors such as the type and the size of capital gain. A few hacks can help you save taxes.

The last date of filing income tax return (ITR) for FY2023-24 is July 31;in case you miss the deadline, you will be liable for a penalty.

Senior citizens whose age is 75 years or more are exempted from filing the ITR u/s 194P, subject to fulfilment of certain terms and conditions as applicable according to the ITR rule.