Waiting months for your income tax refund? The government may owe you interest. While CBDT Chairman Ravi Agrawal has ...

CBDT Chairman stressed that the department aims to make the new forms straightforward, ensuring taxpayers can comply with minimal difficulty under the revised framework., Personal Finance, Times Now ...

ITAT Delhi held that penalty under Section 272A(2)(g) cannot be imposed when TDS delay is due to technical reasons and the assessee has already paid compounding charges and ...

Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...

Linking your PAN with Aadhaar by December 31, 2025, is crucial to avoid deactivation from January 1, 2026. Failure to link ...

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 ...

CBDT sets December 31, 2025, as the last date to link PAN with Aadhaar. From January 1, 2026, unlinked PANs become ...

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 ...

Holders of Permanent Account Number (PAN) have been repeatedly directed to link PAN with Aadhaar card, with deadlines ...

Banks deduct tax deducted at source (TDS) if FD interest exceeds Rs 1 lakh in a particular bank. TDS isn't an extra tax; it ...