Still missing your $1,400 stimulus check? Find out how to claim the Recovery Rebate Credit and file a 2021 tax return by ...

Senior citizens are given an exemption limit up to Rs 3,00,000 while very senior citizens (people above the age of 80) have a ...

ITAT Delhi held that rejection of claim of exemption under section 11 of the Income Tax Act for mere non-fling of Form 10B is not justifiable since filing of Form 10B is directory in nature and the ...

Many NRIs using Double Taxation Avoidance Agreement (DTAA) are getting Income Tax notices for claiming benefit of lower or nil rate of tax, know how to get out of this problem ...

The IRS has launched a new initiative targeting high-income individuals who have failed to file federal tax returns since 2017.

Tax Day is April 15 for most Americans but if you live in one of the states with automatic extensions, you have a little more ...

Bombay High Court ruled in favor of Borivli Education Society, condoning the delay in electronically filing Form 10B for claiming tax exemption under Section 11 of the Income Tax Act, 1961. The ...

1. Same Provisions, Same Data Requirements: The Income Tax provisions for claiming tax treaty benefits haven’t changed. Non-residents still need to provide the same basic information: their status, ...

Income Tax Audit Report Under Section 115JB Form 29B computing book profits for companies under Minimum Alternate Tax – MAT.

Income tax filers claiming House Rent Allowance (HRA) exemptions must ensure compliance with Tax Deducted at Source (TDS) ...

The Income Tax Return (ITR) filing deadline for non-audit taxpayers for FY 2024-25 (AY 2025-26) is July 31, 2025. The Income ...

The Income Tax Department has recently introduced an enhanced version of the Excel-based utility for Filing ITR-2, designed for individuals and Hindu Undivided Families (HUFs) who do not generate ...