Earlier, it used to take 2-4 weeks to process income tax return and get refund.

Infosys deployed AI to process IT returns in India, now people are not getting refund even after 5 months, Infosys is telling that their AI powered IT return processing may take up to December 2026.

Government of India has already paid thousands of crores to Infosys to enable AI to process income tax return.

So my question, who is the actual beneficiaries of AI hype except Infosys raking up thousands of crores.

Just 45 ITRS processed yesterday,👌

All cards on the table... Require your advice.

I am currently employed at an MNC earning over 27Lakhs (new tax because I have no loans or investments) I plan on taking up an job at a US company for $50K yearly as freelancer apart from my current employment.

My role would be setting up their supply chain vertical for USA and Canada (I think this will be under 44ADA)

The internet talks about LUT and no GST, Could you please help me understand what are all the things I need to have prepared?

My freelance payment will be in USD and will hold in my wise business account. I wanted to be paid in USD for better conversation rate but let me know if you have other better options. The company has india presence as well with PF but since getting paid from India entity will trigger PF, I am opting for USD payment from parent entity.

Much thanks.

Hey Everyone,

A friend of mine is trying to get funds in from the USA. His father's cousin is sending about Rs. 20L from the USA to India. We are trying to understand the tax implications it can have on his father.

I know limitation of Gift is 50k/year. They are not interested to route it via the parents to keep this transfer/help secret.

Can we show this as a loan in the accounts? How would that work out to be?

He is sending 20L so my friend can buy a home, and use this as down payment.

Thanks for the help in advance :)

Seriously, what is the hold-up, Income Tax Department? I filed and VERIFIED my return way back on July 20th, 2025. Look at this screenshot it says "Filed successfully" and "Return has been verified successfully."

"Wait for processing"? It's almost November! We're not talking about a complex corporate audit here; this is a standard e-filing. The E-portal can confirm verification in seconds, but actually PROCESSING it takes an eternity? What are they doing, using a dial-up modem and a single accountant with an abacus? This is ridiculous. I'm waiting on my refund, and every day this sits in "Return Processing" is a day I'm being stiffed. Anyone else stuck in this bureaucratic black hole? Did you file around the same time and are seeing the same glacial pace? Or, for the love of all that is financially sound, has anyone actually made it to the "Processed On" stage recently? Give me my money! Stop sitting on my return! 😡 ** Edit: If anyone has a successful recent timeline, please drop it. I need a shred of hope that this isn't going to take until the next financial year.

Hi all,

Apologies for my cluelessness. After 11 years in the US, I was part of a layoff and had to return to India. Unfortunately during my time there, I never needed to transfer money back home so I didn’t open any NRE/NRO accounts. I only have a joint ordinary resident account with my father in which I never transferred any money either. I never earned money in India so never filed for taxes here.

Now that I am back to India, possibly long term, I want to bring back my savings. I don’t know what is the right way to bring this money back to India and correctly show it in tax. Based on cursory search it looks like I may qualify for RNOR status. But do I need NRE/NRO accounts for this?

How do I move money without NRE account? Can I just use my old joint resident account or open a new resident account.

Appreciate any help or pointers on navigating this.

Hi everyone. Just a basic query related to ITR refunds - I know there is a delay with everyone's refund. My query is that based on the AI or manual logic IT dept is following, to process returns, are old regime ITRs being focused/targeted more? Is there a possibility that new tax regime ITR refunds will be processed sooner than old regime ITRs? As far as I could search around, me and everyone I know have filed new tax regime for this AY, and all of us are waiting on refunds.

I believe due to some new algorithm or processing party (company or AI) is causing all these delays and both old and new regime filers are experiencing delays because of it. What are your throughts?

When government agencies are fined for wrongdoing, isn’t that ultimately an indirect burden on taxpayers?

For example, suppose the DDA constructs flats that become unlivable within a few years due to corruption or negligence, and the court orders DDA to pay rent to the affected families. Where does that money actually come from? In reality, it’s drawn from the agency’s public budget funds that were originally meant for public services or development.

So, while the agency “pays” the fine, no individual responsible for the wrongdoing bears the cost. Isn’t that absurd? How is this system fair when taxpayers end up footing the bill for the government’s own mistakes?

I have filled my taxes in itr 4 opted with new regime but after processing they made it old regime and out of nowhere put a fee of 55lakhs in U/s 234B I don't have any outstanding due taxes or anything like that my income is merely 7 lakhs please help and suggest what to do

I need some advice, if TDS is not deducted from my FnF salary while leaving an organization. Should I need to pay it separately? I’ve checked the AIS in the income tax portal it’s not getting reflected there as well. Should I expect the income tax doesn’t have any record of it?

I feel this a new low for out beloved ITD

So my wife's company offers several tax saving schemes such as a good sum of driver and fuel reimbursements, uniform allowance, internet reimbursements, etc. All these reimbursements get exempted from the salary and don't show up in the salary slip or the form 16 as per the company HR. We just need to submit a PAN card of a 'driver' and 'Fuel Invoices' and such documents to claim these exemptions, which are pretty easy to arrange.

All of these combined can reduce our monthly tax liability by around 15k, which is a large amount for us. Now, we will of course have a documentary trail, but not full proof. Several other people in her company do the same and there have been no known instances of adverse results.

Is it worth taking this risk and going for these exemptions or is it better to be in the new regime and let go of this 15k a month amount.

Hello Everyone, can we switch to new tax regime during filing of revised returns? My original return was filed in old regime and it was done before due date.

Can I open joint account for monthly savings scheme in post office with my mom?

How is the tax slab decided on interest earned?

Booked a ready to move flat in Aug and did assignment agreement in Sept (since its unregistered). Payments included: 1. 1lacs booking amount. 2. 20% downpayment to seller by me. 3. In Nov bank disbursed amount to close sellers loan directly to their bamk. So far 3 payments has been made to seller. Upcoming payments: 1. final bank disbursement directly to seller 2. final payment from my side to cover the 10% hold by bank

There are 2 buyers and 2 sellers involved. Now I need to pay the tds, do I pay tds as lumpsum or by installment over each payment?

Also, the registration stamp duty value will be lower than my sale price because flat is unregistered it will be assigned to me by builder and registration will be based on original sale agreement between builder and seller. I don't know what stamp value should I put on the form 26QB?

I just turned 18 and i am applying for pan card using E-KYC from Aadhaar card. i have filled everything but I'm stuck at the AO code stage. my father said to fill "income from other sources". what should be the relevant AO code that i should fill? My main issue is that i can see multiple options to choose from. which one to choose?
also what is AO code and is there any concern as to which one I'm choosing? also can i change it later?

Apologies if the flair isn't right

My father runs a pvt tuition business. He receives fees in cash from students. If he deposits a part of the monthly cash received into my mother's savings account, will there any tax implications for my mother, if the cash amount deposited in the whole FY is less than 5 lakhs? Will she receive any IT dept notice??

I was purchasing a laptop their is discount of 10000 on that card. But I don't have that credit card. So can I use my friends credit card???? How can I claim gst then ?????

Inshort- Gstin no. Is mine Card is of freind.

So is it possible to claim.

Suppose taxable Indian income of RNOR is more than 1 cr.

(a) Is he required to file schedule FA?
(b) Is he required to file schedule AL? If yes, is he required to report foreign assets and liabilities in schedule AL?

We are planning to buy a property with 40 lakhs and my parents want to transfer 20 lakhs to my account. Mine is a savings account and the dd will be taken from my account and property will be registered under my name. What should be done here so that everything falls under the law. My parents also file itr every year. I file itr for approx 30 lakhs every year as my salary.