As per Section 397(3)(f) of the Income Tax Act, 2025, deductors and collectors are allowed a period of two years from the end of the relevant tax year in which the original TDS/TCS statement was ...

A TDS error by the buyer of an ancestral land jointly held by a father and son led to a notice from the I-T Department.

ITAT Raipur held that addition upheld by CIT(A) without passing a speaking order in the backdrop of documents uploaded by the ...

Learn to address crucial Income Tax notices like 143(1), 143(2), 148, 139(9), and 245. Timely, informed action prevents penalties, best judgment assessment, and legal ...

Taxpayers who requested an extension have until Wednesday, Oct. 15 to complete and submit their returns without penalties.

Millions of Americans who were granted tax filing extensions have until 11:59 p.m. on Wednesday to file their returns.

Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.

Despite the government shutdown, taxpayers who requested extensions for their tax returns last year must still meet the ...

Despite the government shutdown, the IRS is reminding taxpayers and tax professionals that 2024 tax returns that were put on ...

A number of changes are in store for taxpayers in the coming years and the Internal Revenue Service just gave insight into ...

Government shutdown furloughs 38,000 IRS workers but tax filing deadline remains October 15. Union warns of delays and backlogs for taxpayers.

The IRS has unveiled its annual inflation adjustments for the 2026 tax year, rolling out a long list of changes to deductions ...