The Gujarat High Court has directed the Central Board of Direct Taxes to extend the Income Tax return filing deadline for ...

The Income Tax Department (I-T) on its official website has enabled the ITR-5 and ITR-7 forms for online filing. Both forms are available with prefilled data, the I-T Department has informed on its ...

The Karnataka State Chartered Accountants Association (KSCAA) has appealed to the PMO, highlighting critical issues with the ...

The National Board of Revenue (NBR) has issued a special order regarding the submission of income tax returns online. According to this order, from the fiscal year 2025-2026, all individual taxpayers ...

Delays in income tax refund can be expected on account of incorrect details such as wrong IFSC code or closed bank accounts.| Business News ...

Taxpayers who missed the deadline get another opportunity to comply by filing a belated return. The Income Tax (I-T) ...

If you're planning large cash withdrawals, be mindful of the TDS rules under Section 194N - your bank could deduct tax once ...

Understand why ITR refunds are delayed, how processing works at CPC, and steps taxpayers can take to track status, verify accounts, and ensure smooth ...

Taxpayers who filed their income tax returns are waiting for refunds post the September 16 deadline. The income tax department processes refunds within 7 to 21 working days, but verification issues ...

Mr. Gadhvi (name withheld), a resident of Gujarat who had a construction business, got a huge shock when the Income Tax ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

Taxpayers are eligible to receive an inflation refund check for the tax year 2023 if they filed form IT-201, the New York ...