New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...

Section 139(8A) now permits filing of ITR-U within 48 months from the end of the assessment year. However, it cannot be used to reduce tax liability, claim refunds, or bypass departmental ...

High salary earners are receiving 'nudge' notices from the Income Tax Department. These notices prompt employees to correct errors like undeclared property income, crypto gains, and ESOPs. The ...

Even if you’re below the income threshold for 2025, tax credits and excess withholding could result in a tax refund, making filing a tax return worth your time.

You can request an extension if you need more time to file 2025 income tax returns, but you'll need to do so soon, or risk late-filing penalties.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

If you haven't filed your Income Tax Return (ITR) for the financial year 2024-25 (FY25), there's no need to panic. Even if ...

Tax refunds are expected to be huge this year. Learn what the fastest and safest way is to get yours and how to track it.

The Tribunal clarified that Goetze (India) does not bar appellate authorities from entertaining new claims. Where all facts are on record, the claim must be examined on ...

08/20/2025 Motion to extend the time to file a response from August 29, 2025 to September 29, 2025, submitted to The Clerk. 08/21/2025 Motion to extend the time to file a response is granted and the ...

Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, ...

The 2026 tax filing season has begun. Here are the key dates you need to know. During this filing season, taxpayers will need to use the newly created Schedule 1-A to take advantage of the new tax ...