The Tribunal examined whether provision for salary arrears arising from the Sixth Pay Commission was contingent or accrued.

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 ...

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, ...

Many taxpayers are taking to social media with the same concern: months after filing their Income Tax Returns (ITRs), refunds ...

Income tax refunds usually get delayed because often times the returns are not fully processed, or the I-T Department finds ...

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 ...

Did our AI summary help? For many taxpayers, the year ended with an uncomfortable realisation: the December 31 cut-off to revise or file a belated income tax return has passed, but the refund they ...