The Goods and Services Tax Network has updated its Invoice Management System. Taxpayers can now mark credit notes as pending for one tax period. This new feature offers flexibility in modifying Input ...
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 ...
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ITR Correction Guide: How to File Revised or Updated Income Tax Return Without Hassle
Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from ...
The IRS just raised the 2026 Earned Income Tax Credit to $8,231 for families with three or more children. Here's who ...
Many South Africans overpay their taxes during the financial year without realizing they may be entitled to a refund. The ...
Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, ...
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