This guide explains common reasons for ITR delays, including mismatches, pending demands, and verification checks, and outlines the expected processing timeline and interest on delayed ...
Linking your PAN with Aadhaar by December 31, 2025, is crucial to avoid deactivation from January 1, 2026. Failure to link ...
Madras High Court held that a trust’s legitimate tax exemption cannot be denied merely for delay in filing Form 10B, directing the Assessing Officer to allow benefits under Section ...
As established in Maxopp Investment Ltd. v. CIT (2018) 402 ITR 640 (SC), the AO must provide reasons before invoking Rule 8D ...
Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.
Aishwarya Rai Bachchan won a Rs 4 crore tax case against the Income Tax Department. The ITAT Mumbai ruled in her favor, ...
Taxpayers who requested an automatic six-month extension to file their 2024 federal income tax returns earlier this year still have to get their paperwork in by Wednesday, notwithstanding the federal ...
Datuk Seri Dr Wee Ka Siong is urging the government to ensure that income tax refunds are processed and credited within 30 days.