New Delhi, Dec. 24 -- Like taxpayers, the centralised processing centre (CPC) of the Income Tax Department is bound by a deadline to process income tax return (ITR). If you have filed an ITR for the current assessment year by due date, or file a belated ITR by 31 December, 2025, the CPC has to process it by 31 December, 2026.

If your ITR does not get processed by 31 December 2026, or within the relevant deadline for previous assessment years, the CPC has to forfeit its right to the ITR.

While the ITR filing deadline was extended from 31 July to 16 September this year, the tax processing deadline for the CPC remains the same.

According to Balwant Jain, tax and investment expert, if the income tax department's CPC does not process your I...