If ITR is not processed by December 31, 2025 then you can’t file revised ITR; Here’s what you can do if you have a tax refund ...

By filing a revised return, you can ensure that your income records are accurate and fully compliant with the Income Tax ...

Plus: Taxes on bonuses, deducting health insurance premiums, IRS whistleblower program updates, the Corporate Transparency ...

Lawmakers across the U.S. will be debating whether to adopt new federal tax breaks for tips, overtime and business expenses.

Section 80G provides tax relief for sums donated to certain approved funds, charities, and similar bodies, subject to strict ...

If you haven't filed your income tax return by the September 16th deadline, don't worry. Taxpayers can still file their ...

Looking ahead, tax season will kick off in late January. The IRS has not yet announced the date it’ll officially start begin ...

While the end of the calendar year and the end of the tax year do not align, the start of a new 365-day cycle round the sun ...

Millions of pensioners will have their tax codes changed next year as HMRC deducts money from them. It is part of the process ...

The ITAT held that CPC and CIT(A) acted prematurely in denying section 80P deduction while a section 119 condonation application was awaiting decision. The matter was remanded for fresh adjudication ...

The representation points to widespread taxpayer hardship due to late ITR utilities and faulty AIS-driven mismatch alerts. KSCAA stressed that technology-led compliance must remain facilitative, not ...

An Irvine couple accused of failing to file IRS forms for more than $127 million in cash from their precious metal businesses ...