If you are among the millions of taxpayers still anxiously checking your account for an income tax refund, a massive administrative backlog is likely the cause. The Income Tax Department is currently grappling with a pile-up of over 97 lakh (9.7 million) verified Income Tax Returns (ITRs) for the Assessment Year (AY) 2025-26, as per … Read more
The Income Tax Department has reached a significant milestone that brings good news for millions of taxpayers across India. For the first time in Assessment Year 2025-26, the number of pending Income Tax Returns waiting to be processed has dropped below the 1 crore mark. This development offers a ray of hope for taxpayers who … Read more
ITR processing by the Income Tax Department witnessed a significant jump on October 17, 2025, with 3,73,510 returns processed compared to just 96,367 returns on October 16. Despite this improvement, the backlog of verified but unprocessed Income Tax Returns continues to mount, reaching 1,06,51,378 as per the latest data from the Income Tax Department. Processing … Read more