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Filing Income Tax Return? One Wrong Move Could Cost You Rs 1.5 Lakh
Filing income tax returns requires attention to detail to avoid penalties and defects. Choosing the right tax regime, ...
The Financial Express17h
No refund on ITR AY 2025-26 until Income Tax Department completes investigation on your…
Despite over 75 lakh income tax returns being filed and more than 71 lakh verified so far this year, the Income Tax ...
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Income tax return: List of documents needed to file your ITR for AY 2025-26
Taxpayers preparing to file their income tax returns (ITR) for the assessment year (AY) 2025-26 will need a detailed set of documents, including income proofs, investment records, and tax deduction ...
Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners
Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...
4-Times More Income Tax Returns Under Scrutiny By IT Dept
The Income Tax Department has selected approximately 1.65 lakh cases for scrutiny for Assessment Year (AY) 2025. This selection is part of a major compliance push ahead of the June 30 deadline, which ...
Liz Weston: My mother died 10 years ago, and I never filed her last tax return. Should I do it now?
Answer: If you still have access to her paperwork, you can review her bank statements to see if there is any indication her ...