The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...

Some GOP lawmakers want to boost the Child Tax Credit to appeal to working-class voters and answer Democrats' attacks on ...

The Income Tax Department has issued an important notification, requiring PAN card holders who obtained their PAN using an ...

Jayalakshmi (52), who was working as the Income Tax Inspector in the I-T Department located in the complex, had come to the ...

The Enforcement Directorate recently raided L2 Empuraan producer Gokulam Gopalan. The IT Department has now issued a notice to Prithviraj Sukumaran.

Interest on Non-Deduction/Deducted but Not Paid: Interest at 1% per month (or part thereof) on the amount of tax not deducted, and at 1.5% per month (or part thereof) on the amount of tax deducted but ...

HRA is a component of salary provided by employers to employees to help cover rental expenses. Employees can claim HRA ...

The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is ...

Income Tax department seeks clarification from Prithviraj Sukumaran on his three films released in 2022. The official claimed it to be a follow-up.

Income tax filers claiming House Rent Allowance (HRA) exemptions must ensure compliance with Tax Deducted at Source (TDS) obligations on rent payments. Non-compliance leads to penalties and interest.

The bank stated that a demand notice under Section 156 of the Income Tax Act, including Rs 243.02 crore in interest, was ...

If you have filed your income tax return (ITR File), but all the information in it has not been filled correctly, then you ...