The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all ...

Effective April 1, 2026, the statutory limit for correcting TDS/TCS returns is 2 years from the FY end. This new rule eliminates unlimited revisions, demanding timely compliance to avoid penalties and ...

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

Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...

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

The federal tax filing deadline is April 15, 2025, but Florida taxpayers affected by Hurricanes Milton, Helene and Debby have until May 1, 2025. Taxpayers can request a six-month extension to file ...

Federal taxes and the IRS are enough to worry about -- but most Americans must also remember to pay state taxes. Despite that, there is a bit of relief. A dozen states cut their income tax rates for ...