T Department's extension also follows recent decisions by the high courts of Punjab, Haryana, Gujarat, and Himachal Pradesh ...

As the Modi government gears up for Budget 2026-27, taxpayers across India are hoping for meaningful relief, easier compliance, and clarity before the new Income Tax Law kicks in from April 2026. Here ...

Allahabad High Court ruled that a taxpayer cannot be denied credit or refund for TDS merely due to a mismatch in Form 26AS.

ITAT Cuttack remanded a demonetization case back to CIT(A), granting legal heir of deceased assessee a fresh opportunity. Tribunal ruled that appeal, which involved factual verification of large cash ...

The order came while disposing of petitions filed by the Jalandhar Income bar associations and several income tax ...

If you haven't yet filed your Income Tax Return (ITR), there's some relief. The Central Board of Direct Taxes (CBDT) has ...

ITR Filing Date Extended In a big relief for taxpayers, the Income Tax Return (ITR) filing deadline for tax audit cases has ...

India collected 1.96 trillion rupees ($22.3 billion) in gross goods and services taxes in October, about 5% more than the same month last year, the government said a statement on Saturday.

The Punjab and Haryana High Court has directed the Central Board of Direct Taxes (CBDT) to extend the due date for filing Income Tax Returns (ITR) for assessees who are required to submit audit ...

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there were seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...

LAKE FOREST, IL – An Illinois physician, Dr. Krishnaswami Sriram of Lake Forest, has been sentenced to 34 months in prison after being convicted of health care fraud and for concealing assets and ...