Money made from plans to charge people a tax to stay in Cardiff will be used to host major events such as this year's Oasis ...

Explore the significant delays in income tax refunds for FY 2024-25, their causes, including AIS mismatches and processing ...

CBDT sent messages and emails starting 28 November to taxpayers, urging them to revise their income tax returns (ITRs) before ...

The Income Tax department has warned taxpayers who have not disclosed their foreign income and overseas assets to revise ...

WhatsApp chats have become a common source of evidence in income-tax investigations. However, recent ITAT rulings indicate ...

Studying in the US is a dream for thousands of Indian students each year, but it also comes with important tax ...

ITAT held that late filing of Form 10B cannot automatically deny exemption when the delay is bona fide and curable. The matter was remanded for fresh examination after recognising that Form 10B is a ...

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

ITAT Rajkot held that cash reflected in 26AS represents pass-through freight receipts, not actual turnover. Commission income below the audit threshold, hence tax audit under section 44AB was not ...

Taxpayers can now claim new tax regime benefits even if Form 10IC is filed late. The ITAT Mumbai ruled that technical errors ...