Finance Minister Nirmala Sitharaman provided this relief against income tax searches and requisition cases; Know more ...

Unsure whether to opt for the new or old tax regime while filing your ITR? Your decision should be based on factors like ...

Under the current Income Tax Act, 1961 (ITA), an individual is required to file an income tax return under section ... file the return by the original due date, i.e., 31 July of the succeeding ...

Concerns have arisen among Indian green card holders in the US due to tough immigration policies and heightened scrutiny from ...

Specific categories have extended deadlines ... Co. Penalties for missing the ITR deadline Filing an income tax return after the due date may result in financial penalties and interest charges ...

Number of individual income tax return (ITR) filers has jumped over 43 per cent in fiscal year 2024-25, data till January 31 showed. Overall, number of filers rose by 6.8 per cent in current ...

From UAN activation to Updated ITR filing, several important personal finance deadlines are approaching in March, 2025. Read ...

However, in Budget 2025, this timeline was extended to 48 months. Taxpayers can file an updated return for previous years, including FY 2021-22 and 2022-23. However, the last date to update the ...

The IRS has processed 69.6 million federal income tax returns through March 14. Yet, that's down 1.4% from a year ago.

A host of issues has prompted the tax agency to allow both issuers of tax slips and some affected taxpayers to send in their ...

In its ruling, the ITAT Pune concluded that the provisions of Rule 128 (9) are directory, not mandatory, aligning with judicial precedents emphasizing the supremacy of DTAA provisions in cases of ...