The Bombay High Court ruled in favor of Bizznet Online Systems Pvt Ltd, directing the revenue department to process the company’s pending TDS refund application in a time-bound manner. The petitioner ...
On Friday, the IRS released initial statistics comparing the end of January 2025 with early February 2024. As of Feb. 7, 2025 ...
IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...
The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...
The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...
The new income tax bill, which will replace the six decade old Income Tax act, 1961, has been drafted within six months and efforts have been made to simplify the language to make tax compliance ...