Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from ...

Realised there's an error in your ITR after submission? You're not alone. Many taxpayers make small mistakes while filing, ...

A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...

Missing the tax audit filing deadline can result in penalties, increased scrutiny, and delays in refunds. Many taxpayers are ...

The Income Tax Department has shown a noticeably proactive approach in processing refunds considering the Diwali festive ...

Made a mistake while paying Advance Tax or Self-Assessment Tax? This guide explains how to correct wrong Assessment Year, Head Code, or PAN in your Income Tax challan using the e-filing portal — ...

The central issue was the validity of a reassessment that led to additions for bogus purchases and unexplained cash. The ITAT confirmed the entire reassessment was void because the AO failed to issue ...

A stabbing at a Walmart in Savannah, Georgia, left an 18-year-old injured, according to Chatham County police. Just before 6 ...

If you draw a government salary, lenders see you as a steady, low-risk borrower. That translates into better pricing, simpler ...

The Goods and Services Tax Network has updated its Invoice Management System. Taxpayers can now mark credit notes as pending ...

Higher pension due to annual increment allowed to those who retire on June 30th only if they completed one year of continuous ...