The issue was whether a deductor can be treated as in default for non-deposit of TDS when the payee has already paid tax on the income. ITAT held that no demand under Section 201(1) survives once the ...

Millions of taxpayers qualify for an IRS retirement tax credit yet never claim it. The Savers Credit can reduce federal taxes by up to 50 percent. Income limits expand in 2025. Eligible workers ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax ...

The new year means tax season is upon us. Here's what you need to know about filing taxes in 2026, including deadlines, ...

Even though the tax agency's free pilot program is no longer available, there are other free tax filing options this season.

In a major effort to modernize state services, the Indiana Department of Revenue (DOR) has announced that eligible seniors ...

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...

In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, and Annual Information Statements. In recent months, the income tax ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

Income Tax Refund Status Highlights: Check guide to help you check your ITR status online in just a few simple steps.(Pexels) Income Tax Refund Status Highlights: The Income Tax (I-T) Department has ...

Over the past few days, the Income Tax Department has sent bulk emails and SMS notifications to taxpayers, notifying them that their income tax refunds have been placed on hold due to discrepancies ...