PUSHPA & CO. CHARTERED ACCOUNTANTS

04/03/2026

27/02/2026

25/02/2026

01/02/2026

highlights

01/02/2026

highlights

26/01/2026

Important points related to TDS Return filing:

-PAN–Aadhaar linking still needs to be checked at the time of payment, not at the time of filing the TDS return.

-As per Circular No. 09/2025 dated 21.07.2025, PAN must be operative within 2 months from the end of the month in which payment or credit is made.

-If PAN–Aadhaar linking is checked only while filing the TDS return
(and not when the payment is actually made), then the system may raise a demand for the 1st and 2nd month of the quarter for those deductees whose PAN were not linked with Aadhaar at the time of payment.

10/01/2026

Income Tax Department (ITD) can process ITRs till the 9 months from the end of FY in which the ITR is filed. The last due date to process ITR by ITD is 31.12.2026 for FY 2024-25.

Approx. 63 lakh ITRs are yet to be processed by ITD, it causes delays in refund for a significant number of taxpayers.

The reason of slow processing of ITRs are enhanced data analytics, ‘NUDGE’ initiative for revision of ITR and delay in issuing ITR forms and utilities.