The tax preparer admitted to filing tax returns for clients with false information about home energy improvements, officials ...

As per the Income Tax Act, individuals are generally not required to file ITR if their annual income does not exceed ₹2.5 ...

The government has issued a final warning to taxpayers who filed incorrect ITRs over the last four years. If you claimed fake ...

So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the Mid-Atlantic, especially in industries like healthcare, manufacturing, and ...

Senior citizens can maximise tax savings in FY 2024-25 through key income tax provisions like Section 80TTB under the old tax ...

Since the AIS and Form 26AS contain the complete history of a taxpayer’s transactions, nothing will go unnoticed — any ...

The new Income Tax Bill is expected to be passed in the Monsoon session of Parliament. Lok Sabha's select committee -- ...

The case centres on a Hyderabad-based taxpayer who sold an immovable property for Rs 1.4 crore, but dramatically slashed his ...

You must e-verify your ITR within 30 days of filing to complete the process. Here's how to do it easily using Aadhaar OTP, net banking and other online methods.

Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...

Though farm income is tax-free in India, farmers should file ITR if they earn from allied activities or plan loans, investments, or subsidies. ITR builds financial credibility, aids in legal matters, ...

Before an individual's income is being deposited to a person's account, tax is withheld at the source (TDS) from his or her salary.