The Madras High Court held that companies could not file manual income-tax returns after e-filing became mandatory from May 14, 2007. A manual return filed for AY 2008–09 was held legally ...

Talking about taxes is stressful, scary and headache-inducing. Concepts such as "IRS requirements," "forms" or "tax credit" ...

The India Union Budget for 2026–27 is expected to be presented in the Indian Parliament on February 1, 2026. In recent years, ...

The issue was reopening beyond four years after a completed scrutiny assessment. The Tribunal held the reassessment invalid as there was no finding of failure to disclose material facts, a mandatory ...

Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...

New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS thresholds for rent, bank interest, and dividends are increased. Senior ...

Many people are struggling with the cost of living, especially around January, but there's a simple way to get some of your ...

It's a month when finances can be tight for many - but one silver lining to January is the ability to claim back tax you are ...

The hangover of Christmas shopping often leads to a lot of money woes – but one silver lining is the ability to claim back ...

Estate planning varies by individual. Wills are public, slow, and only control assets in your name, while revocable trusts ...

The first part of this article series addressed the applicable standards for licensed tax practitioners as they related to ...

Learn how the new 'No Tax on Tips' deduction can reduce your federal taxable income by up to $25,000 if you earn tips at work ...