The Income Tax Department can condone a delay in filing an ITR after the deadline lapses. If the department gives the nod, ...

The Income Tax Department has released revised Excel utilities for ITR Forms 2 and 3. Additionally, the department has ...

"Taxpayers can currently only file belated or revised returns, excluding new filings that incorporate the 87A rebate. The ...

Here's a breakdown of when funeral expenses are tax deductible, how to document these expenses for estate deductions and ...

Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...

Taxpayers remain unable to claim the Section 87A rebate on STCG income due to outdated ITR processing logic, even after recent updates to filing forms by the Income Tax Department.

To claim the Section 87A rebate, taxpayers must manually update the tax rebate column in the ITR Excel utility. After editing ...

JEFFERSON CITY — Missouri’s next governor has tapped a longtime veteran of state government to serve as his top tax ...

FORT WAYNE, Ind. (WANE)— Allen County Council failed to approve the use of $11.6 million as requested by the County ...

The Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC) will have a study on corporate income tax completed by ...

Indian residents must disclose foreign assets and income in their ITRs by January 15, 2025, to maintain compliance and avoid penalties.