Australia’s conservative opposition will repeal controversial tax agent reporting rules if elected in the country’s May general election ...

To assist taxpayers prevent errors, the following factors are essential to keep in mind while submitting an Individual Tax ...

The Income Tax Appellate Tribunal (ITAT), Kolkata, has set aside a penalty of ₹1 crore imposed on Tarai Transport Corporation ...

The Income Tax Department has officially opened the portal for filing Income Tax Returns (ITR) for Assessment Year 2025-26.

If you believe the outstanding tax demand is incorrect, you should furnish an appropriate response online through the ...

The US needs to be involved in pillar one for there to be more international acceptance of the project, Michael Masciangelo ...

In the case of Optra Health Private Limited vs. ACIT, the Bombay High Court addressed an issue stemming from a mismatch be-tween the name used in the income tax return (ITR) and the company’s updated ...

For this assessment year, if you receive less income tax refund or do not get any refund at all, you should check the status ...

Under the old tax regime, taxpayers can claim various deductions and exemptions, while the new tax regime does not offer much ...

After successfully filling out the income-tax return, the next step is to verify it. If a return is filed but not verified ...

Confused between the old and new tax regimes for FY 2024-25? Understand key differences like tax slabs, deductions and ...

Section 245 empowers the department to adjust the refund due for the current year against any outstanding tax demand from previous years ...