November 2025 brings with it a series of significant direct payments and rebates for residents of several US states, in an ...

A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...

If the Income Tax Return (ITR) is not filed within the due date, a person may have to pay a late fee up to ₹5,000 and also interest on unpaid tax. More importantly, business losses or the capital ...

The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.

The Income Tax Department has shown a noticeably proactive approach in processing refunds considering the Diwali festive ...

The rationale behind granting extensions is ostensibly to enhance tax compliance by accommodating genuine difficulties.

Form 26AS and AIS are important for taxpayers for accurate tax filings, detailing income and transactions. Errors in these ...

“The concerned FBR officials are responsible for latest episodes of mismanagement, and inefficiency in case of inordinate ...

Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from ...

The complaint before the FTO, Waheed Shahzad Butt stated that failure to make available the manual or paper return forms, as ...

The Malda Merchants’ Chamber of Commerce and Industry (MMCCI) has urged Union finance minister Nirmala Sitharaman to extend the deadline for filing Income Tax Returns (Audit) for the Assessment Year ...

The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers ...