From salaried employees to freelancers, using an income tax calculator can turn tax filing from guesswork into informed planning.
A new and simplified Income Tax Act, 2025, which will replace the over six-decade-old Income Tax Act of 1961, will come into effect from April 1 ...
PIB Fact Check and the Income Tax Department have warned taxpayers against clicking on suspicious links or download attachments ...
As the 2026 tax season approaches its final stretch, the Oregon Department of Revenue has processed 860,000 electronically-filed personal income tax returns and issued 720,000 refunds.
The ITAT Indore held that penalty under Section 272A(1)(d) cannot survive where the assessment is completed under Section 143(3) after considering the taxpayer’s delayed submissions, as such ...
Sindh’s Chief Minister Murad Ali Shah on Thursday said that crossing Rs 300 billion revenues has been a major milestone. Chief Minister was chairing a meeting of the Sindh Revenue Board, in which he ...
In June 2025 the CRA again declined to provide relief. The CRA’s written decision indicated that the taxpayer “did not make a reasonable error because it was his responsibility to maintain records, ...
The tribunal considered whether inconsistent explanations alone justify treating cash deposits as unexplained income. It held that suspicion cannot replace evidence and additions require proper ...
Parliament panel asks for rigorous testing of the e-filing portal and IT backbone before the new Income Tax Act rollout. New Delhi, Mar 12 (PTI) A Parliamentary panel on Thursday asked the Income Tax ...
India will roll out the new Income-tax Act, 2025 from April 1 with 54 forms operational initially, while the rest will be introduced in phases during FY27 ...