Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...
Under Indian tax laws, short-term capital losses (STCL) from shares and other capital assets can be used to offset both short ...
I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but ...
Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.
The ruling framework mandates extra tax of 25% to 70% over tax and interest based on delay. This makes timely belated filing financially ...
Income Tax Refund Status, Risk Management for AY 2025-26 Explained: The messages and e-mails from the Income Tax Department, asking people to file revised returns by December 31, have invited ire.
The process to link PAN with Aadhaar is easy and can be done on the Income Tax Departments e-filing portal. That being said, ...
The representation points to widespread taxpayer hardship due to late ITR utilities and faulty AIS-driven mismatch alerts.
Donating to charities offers tax benefits under Section 80G of the Income Tax Act. The Income Tax Department has clarified ...
Learn how the 2025 mandate ending paper checks affects trusts and estates and what payment options are available.
Get ahead of the tax season crunch by collecting these tax documents throughout the year. Here's what you need to keep an eye out for.