The govt said: "The word ‘total income’ has been replaced with ‘total undisclosed income’ in the marginal heading and in ...

Pune ruled that while Form 67 was filed late, it was available with CPC at the time of processing the return. The tribunal held that filing Form 67 within the due date is a procedural requirement ...

How a simple error on a state income tax return triggered a Detroit income tax bill for thousands of dollars for Northville ...

Many taxpayers who have claimed an HRA deduction exceeding ₹5 lakh in their income tax returns have received an email from the Income Tax Department this Sunday requesting them to verify the HRA ...

Department has asked taxpayers to file an updated income tax return (ITR-U) before its deadline of March 31, 2024; failing ...

File your updated ITR-U for AY 2023-24 by March 31, 2025, to save on additional tax! Filing before the deadline incurs a 25% ...

Finance Minister Nirmala Sitharaman reassured that the government is focused on tax certainty and making business regulations ...

While the uncertainties create challenges, they also present compelling opportunities for entities currently holding cash or ...

There will be more tax-saving options in the new financial year, along with ease of tracking your investments and a new ...

Benefit payments will be going out as normal in April for the most part, but there are some exceptions to be aware of. Those ...

There have been several big policy announcements in the run-up to the event, most recently welfare changes to achieve £5 ...

While you don’t have to claim a refund right away, the IRS says you should still “consider filing as soon as possible.” The ...