The Income Tax Department has rolled out a non-filer monitoring system to track high-value financial transactions by ...
by the Income Tax Department. While 31 December 2025 is the last date to file a revised return, many original returns are ...
The process to link PAN with Aadhaar is easy and can be done on the Income Tax Departments e-filing portal. That being said, ...
Usually, it takes 4 to 5 weeks for the refund to be credited to the taxpayer's account. However, if the refund is not ...
The Income Tax Department has clarified that recent emails sent to taxpayers over ITR and transaction mismatches are advisory ...
Car buyers purchasing vehicles above ₹10 lakh can reclaim 1% Tax Collected at Source (TCS) deposited by dealers. This amount, collected at the time of purchase, can be claimed back by filing your ...
The Finance Ministry said that new Income Tax Return forms will be released before the financial year 2027-28. This follows a ...
More than 30 million taxpayers across the country are eligible to file their federal tax returns completely free-of-charge this year using Direct File, the Internal Revenue Service (IRS) has said. Tax ...
The law allows a last chance to correct six years of TDS/TCS mistakes before the window shuts permanently. The key takeaway is that uncorrected demands after this date become irreversible ...
Income tax refunds for FY 2024–25 are delayed due to late ITR form releases, stricter data checks, and heavy CPC load, say ...
The clarification follows concerns raised by taxpayers over system-generated intimations related to discrepancies in their ...
Salaried employees should review Form 12BB by January to avoid higher TDS, ensure accurate Form 16 reporting, and fully claim tax-saving deductions.