From increased tax credits to new 1099-K rules, here’s what you need to know to file your 2024 taxes correctly and avoid ...
As the 2025 tax season nears its end, taxpayers in the United States are eager to maximize their refunds before the April 15 ...
April is here and there still is a small amount of time to complete your tax returns. Many of you may have procrastinated ...
The clock is ticking to file your tax returns by the April 15 deadline. The IRS received more than 80 million tax returns ...
A total of 3.89 lakh taxpayers including all categories filed their returns for income of ₹one crore and above ...
Use your tax refund to boost short-term or long-term financial goals by putting it in one of these six places.
Currently, there are 7 forms notified by the department - ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. It is crucial ...
ITAT Delhi held that rejection of claim of exemption under section 11 of the Income Tax Act for mere non-fling of Form 10B is not justifiable since filing of Form 10B is directory in nature and the ...
Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the taxpayer categories, such as individuals, Hindu Undivided Family (HUF), ...
Most of the changes take effect on Sunday, 6 April, the start of the new tax year, though a few started from the first day of ...
ITR is mandatory for those individuals whose annual taxable income is more than the basic exemption limit. Under the Old Tax ...
The Income Tax Department has introduced a new Excel-based utility for ITR-2 which was launched on March 25, 2025.