The Gujarat High Court quashed CBDT’s rejection and condoned delay in Sysco Industries’ income tax return filing, holding that insolvency and fire caused genuine ...

Both wilful tax evader and salaried employee, students who inadvertently ignored the law are subject to the same Rs 10 lakh penalty under Black Money Act; Its time to correct this anomaly ...

Join ITR's Head of Research John Harrison for an overview of key dates, new developments, best practices, and more for next ...

IRS Direct File, free online tax-filing tool launched by Biden, won't be offered next year despite 296,531 users in 2025.

The electronic system for filing tax returns for free, IRS Direct File, isn’t going to be available for taxpayers next year, ...

If the government fails to issue your refund within the stipulated time, it must pay you interest as compensation.

Husband staying in UAE gets Rs 80 lakh from brother-in-law by executing gift deed in USA, tax dept issues notice, wins case ...

Commentators have given the thumbs-down to the coming changes to the tax regime – not so much for any major errors in it, but because it falls short of the government hype. Even a cursory analysis ...

Effective from 1st July 2017, it is mandatory to quote Aadhaar for the filing of IT Returns and also linking Aadhaar with PAN. However, many taxpayers were unable to link their Aa ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.