Verify that salary income and TDS from all employers appear correctly in Form 26AS and AIS, as employers calculate tax ...

According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...

TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet ...

An investment declaration is a provisional statement submitted by employees at the beginning of the financial year, outlining planned tax-saving investments and expenses.

Cleartax annual report for 2025 suggests that tax filers are no longer relying on a single source of earnings. They are ...

Taxpayers filing for FY 2024-25 are experiencing delayed refunds, though the Income Tax Department remains within statutory processing timelines. Delays often stem from high-value claims, pending ...

Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...

According to Treasury Secretary Scott Bessent, Santa Claus will continue <a href=" target="_blank">delivering bundles of joy in the new year to U.S. taxpayers, who will receive whopping tax <a href=" ...

The ruling highlights that immunity under DTDRS is general to penalty proceedings. Consequently, revising penalties merely because a different section might apply is ...