Despite declaring the income and paying due taxes, interest under relevant sections was levied as the TDS credit didn’t show up on his Form 26AS.
If your ITR refund status shows ‘processed’ but you are not getting it credited to your bank account, there is no reason to ...
Bangar also flagged the Section 89(1) relief option — useful if you get a one-time lumpsum. “But Form 10E is mandatory,” he ...
The ITAT Delhi invalidated the reassessment proceedings against Huawei International, a Singapore resident, for AY 2014-15. The Tribunal ruled that the AO's attempt to investigate offshore software ...
Americans will file their income-tax returns based on the 2026 brackets during the tax-filing season that culminates on April 15, 2027, absent filing extensions. Here's what to expect: What's the ...
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
The 2026 standard deduction for dependents is limited to either $1,350 or the sum of $450 and the dependent’s earned income, ...
Here's a rundown of changes to some well-known tax provisions for the 2026 tax year, plus how the “big, beautiful bill” may ...
The IRS is rewriting the playbook for 2026, changing tax brackets in a way that will decide how much money Americans keep and ...
Despite a government shutdown and news that the Internal Revenue Service would furlough almost half of its staff, the IRS released its 2026 tax year brackets, and there are changes.