We often think that Form-16 is only used for filing tax returns. Most employed people receive it every year from their ...

Form 26AS and AIS are important for taxpayers for accurate tax filings, detailing income and transactions. Errors in these ...

If you missed the deadline to file your Income Tax Return (ITR) or made mistakes in your earlier submission, there’s good news — you still have time to fix it. The Income Tax Department allows ...

November brings with it several compliance deadlines, including those for TDS deposits, AY 2025-26 Income Tax Return (ITR) ...

The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.

The simplest way to avoid an income tax notice is to file your Income Tax Return (ITR) before the due date. Make sure the ...

ITAT found authorities erred by upholding CPC's denial of exemption solely because assessee filed ITR-7 instead of ITR-5. Ruling emphasizes that denying a just claim over procedural non-compliance ...

The income tax department on Wednesday extended the deadline for filing IT returns for AY 202526 by corporates and those ...

Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...

While the IRS hasn’t officially confirmed that the program is dead, the website indicates that the program is closed—and ...

If the Income Tax Return (ITR) is not filed within the due date, a person may have to pay a late fee up to ₹5,000 and also interest on unpaid tax. More importantly, business losses or the capital ...

Why gifts can come with strings attached to tax. We always feel that gifts, whether in the form of gold or cash, are tax free ...