Before March 31, 2025, taxpayers must complete key tasks like filing updated returns, making tax-saving investments and ...

Arjuna (Fictional Character): Krishna, a taxpayer, is paying ₹51,000 per month as rent for his residential flat and is not ...

As the financial year 2024-25 draws to a close, individuals and businesses are reminded to complete critical investment and ...

Last chance to file updated Income Tax Returns for AY 2022-23 with additional tax penalties, consequences for non-compliance.

Salaried people who have failed to pay advance tax on extra income also have an opportunity to correct the default.

This is to claim foreign tax credit (if return of income has been furnished) within the time specified under section 139(1) or section 139(4). III. Challan cum statement: Due date for furnishing ...

The United States federal income tax is levied by the Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities. Federal income taxes for ...

Income tax filers claiming House Rent Allowance (HRA) exemptions must ensure compliance with Tax Deducted at Source (TDS) ...

Taxpayers claiming HRA exemptions but failing to deposit TDS on rent are receiving Income Tax Department notices. Under ...