If last-minute filing led to errors in your income tax return, don’t panic—there’s still a way to make corrections.

The IT department urges taxpayers to verify information on discrepancies and check emails regularly for any notifications if the refunds have not been processed within 4-5 weeks.

This case highlights the risks of an inexperienced CA. Filing an ITR correctly requires proper forms, documents, accurate income reporting, and TDS calculation ...

Income Tax Department notices are routine and need not be a cause for concern. Understanding the reasons and acting on them is the secret to hassler-free compliance.

The Income Tax Department has opened online filing for ITR-5 and ITR-7 forms for AY 2025–26. These forms are not meant for individuals but for specific entities. Here's a quick look at who needs to ...

The Karnataka State Chartered Accountants Association (KSCAA) has appealed to the PMO, highlighting critical issues with the Income Tax e-filing portal. They cite delayed form releases, persistent ...

The Income Tax Department has issued an important update for certain categories of taxpayers. While the deadline for most individuals to file their income tax returns has already passed, some ...

Taxpayers awaiting their refunds are taking to social media to complain about long delays in refunds. There are frequent complaints from netizens who have not received their refunds even after more ...

Bangalore ITAT set aside PCIT's s.263 order, ruling that difference of opinion on profit estimation rate (6% vs 8%) for a contractor isn't grounds for ...

Delhi ITAT confirms that a private trust with identifiable beneficiaries is eligible for the capital gains exemption under Section 54F, similar to an ...

Relief is arriving for millions of New Yorkers struggling with rising living costs, as the state government has begun distributing inflation refund checks. Governor Kathy Hochuls office confirmed that ...

The Income Tax Department has fixed March 31, 2026, as the last date to file TDS/TCS correction statements for FY 2018-19 Q4 to FY 2023-24 Q3. File now to avoid loss of tax credit, demand notices, and ...