LatestIncome Tax 1 July 2026
ITR Filing Season
The Income Tax Refund season for AY 2026-27 has begun, with some taxpayers receiving a Section 143(2) notice for AY 2025-26. This notice requires taxpayers to respond to discrepancies in their tax filings, which can help strengthen compliance in future tax filings and potentially affect income tax refund status.
The Income Tax Refund season for AY 2026-27 is underway, and some taxpayers have received a Section 143(2) notice for AY 2025-26. This notice is sent to taxpayers when there are discrepancies in their tax filings. To respond to this notice, taxpayers should:
- Review their tax filings for AY 2025-26
- Check for any errors or omissions
- Respond to the notice within the given timeframe. Taxpayers can use the *ITR 1* and *ITR 2* forms to file their tax returns and check their income tax refund status.
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