Bangalore ITAT set aside PCIT's s.263 order, ruling that difference of opinion on profit estimation rate (6% vs 8%) for a contractor isn't grounds for ...
The extended deadline for filing income tax returns (ITRs) for the assessment year 2025-26 (AY26) closed on September 16.
If last-minute filing led to errors in your income tax return, don’t panic—there’s still a way to make corrections.
What Is an ITR? An Income Tax Return (ITR) is a form used to declare your gross taxable income, deductions, exemptions, and taxes paid for a specific financial year. It determines your net tax ...
The deadline for submitting income tax audit reports for Assessment Year 2025-26 is September 30, 2025, using forms 3CA, 3CD, ...
Wondering what happens if you miss the ITR filing deadline? Did you know you'll automatically be shifted to the new tax regime, losing the option to choose the old one?
Inflation relief checks are on the way for over 8 million New York taxpayers. Here's a full breakdown of who gets a payment ...
Hearing the writ petitions filed by the Bhilwara and Jodhpur taxbar associations, the Rajasthan High Court in its interim ...
Millions of people still prefer a paper check for federal income tax refunds. But President Trump signed an executive order to stop paper checks.
All refunds follow the same process; however, larger amounts may undergo additional verification, which can cause delays.
Taxpayers awaiting income tax refunds, especially for larger amounts, may experience delays due to extra verification steps.
The I-T Department issues different forms for different types of taxpayers. This is based on their income sources, level of ...