Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to ...

Waiting months for your income tax refund? The government may owe you interest. Learn when you qualify for this interest, ...

The Income Tax Department will release outstanding tax refunds by December, said CBDT chief Ravi Agrawal. "We have analysed ...

ITAT Agra held that entire TDS deducted on maturity of bond is allowable since assessee has already offered interest income on accrual basis. Accordingly, appeal of the assessee is allowed and TDS ...

ITAT Chandigarh condoned an 87-day delay in filing an appeal where the assessee acted on genuine advice about CPC TDS rectification, emphasizing substantial justice over technical ...

In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 lakh ...

Pennsylvanians eligible for the Federal Earned Income Tax Credit will find a boost in their claims in the upcoming filing ...