FY 2025-26. As the new financial year begins, many new income tax laws take effect. It is important to take note of these new ...

The Income Tax Department has recently introduced an enhanced version of the Excel-based utility for Filing ITR-2, designed ...

With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.

If the immovable property is partly financed by Bank/Lender, the TDS will be required to be deducted by the transferee on the ...

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 ...

Federal income tax is a necessary evil, but residents in a few parts of the country don't have to pay state income taxes. Eight U.S. states don't impose any kind of income tax and one only taxes ...

1. Brief details of Information collected/received.

ITR-U Filing Deadline on March 31: The Income Tax (I-T) Department has asked taxpayers to file an updated income tax return (ITR-U) before its deadline of March 31 ... it due to some unreported income ...

Only an Immigration Judge has the power to revoke a green card. There have been cases where individuals have been detained at ...