Income Tax Notice makes even the best of people sweat. If you suddenly receive an Income Tax notice one day, it can be a big ...

Faster tax refunds, tax demand notice deletion, and more can now be expected as I-T dept updates the ITR portal for online ...

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...

Karnataka High Court held that delay in filing of income tax returns results into imposition of penalty and prosecution. Payment of penalty for delay in filing return doesn’t exonerate petitioner from ...

The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...

The new bill aims to make direct tax laws simpler, reduce litigation, and remove ambiguities in the current system. Experts ...

A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...

ITO, the Telangana High Court dismissed the assessee’s appeal concerning the addition of ₹2,25,000 as unexplained income ...

Tax expert noted that the new bill is going to bring a 'transformative' shift in the country's taxation system by focusing on ...

Ryan Finley explains why the IRS’s recent advice memorandum on periodic adjustments may signal a significant change in ...

America first? asks James Moore. Tesla’s tax returns show that the company paid nearly $4bn in overseas taxes on its income over the last three years, but just $45m to Uncle Sam ...

City residents can still apply for Philadelphia’s low-income property tax freeze. The application deadline has been extended ...