If you file an updated return later, you will have to pay interest and additional tax, and will not be able to claim refunds ...

If a valid will exists covering all or some of the assets, the executor of the will must file an ITR until all assets are ...

Be on the lookout for emails from the Income Tax Department regarding your larger financial dealings. These are friendly ...

CBDT NUDGE campaign alerts taxpayers on suspicious donation deductions. Learn steps to review ITRs, correct claims, and avoid ...

The Income Tax Department is delaying refunds due to intensified scrutiny of returns. This follows the discovery of ...

Under the heading of “Important changes to the 2025 income tax package: What you need to know,” the CRA last week notified ...

Several taxpayers claimed refunds by showing fake donations to political parties and charitable institutions, often with the ...

Delhi High Court held that internal disputes among company directors do not justify condonation of delay in filing ITR, upholding statutory compliance ...

The court directed the Board of Advance Rulings to expedite the disposal of a pending application under Section 245Q, ensuring timely filing of tax returns by the ...

Today is the deadline for the third advance tax installment for FY 2025–26, where taxpayers must pay at least 75% of their ...

These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...