Tax Day 2025 Refunds In India

Tax Day 2025 Refunds In India. Tax Refunds 2025 Schedule Raza Tessa The Income Tax Bill 2025 will replace the Income Tax Act 1961 After the tax return is processed, it will take some time may vary from case to case

The Income Tax Bill 2025 will replace the Income Tax Act 1961 To be eligible for an income tax refund, a taxpayer must file an income tax return

Tax Refunds 2025 Schedule Raza Tessa

The Income Tax Act 1961 v/s The Income Tax Bill 2025 However, all the sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without the production of a challan 15 May 2024: TDS Certificates for tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for the month of March 2024.

Tax Refunds 2025 Schedule Raza Tessa. The recently introduced Income Tax Bill, 2025, in the Lok Sabha has sparked concerns among taxpayers regarding their eligibility for income tax refunds if they file their Income Tax Return (ITR) after the due date.Several experts have pointed out that Clause 263(1)(a)(ix) of the new tax bill mandates that returns must be filed within the due date to claim refunds, a significant shift from the. Income Tax Calendar 2025: Key Deadlines for February

Tax Refunds 2025 Schedule Raza Tessa. 15 May 2024: TDS Certificates for tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for the month of March 2024. 3CEAD for a reporting accounting year (assuming reporting accounting year is April 1, 2023 to March 31, 2024) by a constituent entity, resident in India, in respect of the international group of which it is a constituent if the parent entity is not obliged to file report under section 286(2) or the parent entity is resident of a.