As the end of the year approaches, taxpayers across India are reminded of the impending deadline for Income Tax Return (ITR) ...

Taxpayers have to file income tax returns (ITR filing) once a year. For this, a deadline is fixed by the Income Tax ...

ITAT Delhi held that benefit of section 115AAB of the Income Tax Act availed in the preceding year cannot be denied in subsequent year on the reason of non-filing of prescribed Form 10IC. Accordingly, ...

Calculating the precise amount you owe to the IRS takes some time. How much varies depending on where you live and work. Here ...

A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...

You become eligible for Section 89 (1) relief when you receive arrears of salary, advance salary, or a lump sum family ...

Although state and federal W-2 forms and tax deadlines are still months away, those who want to file early can get their ...

ITAT Kolkata held that denial of concessional tax rate benefit under section 115BAC of the Income Tax Act merely for delayed filing of form no. 10IE not justifiable since the substantial justice ...

Also, taxpayers who have noticed errors in their original income tax returns can revise the same by December 31.

With the beginning of income tax filing season just weeks away, the IRS says millions of taxpayers will qualify for the IRS’s ...