ITAT Mumbai ruled that Form 26AS is not conclusive when deduction of tax is otherwise established. Denial of TDS credit would amount to double taxation, which Section 205 expressly ...
The assessee explained that income and TDS were recognized in different financial years. ITAT restored the matter for limited verification and barred automatic ...
Thousands of tax refunds were suddenly put on hold and the message gave no reasons, no timelines. What is really going on ...
The Income Tax Department is alerting taxpayers about incorrect deduction and exemption claims. Salaried individuals who ...
Income Tax Department news, Income Tax Department SMS Email Message: Have you received an SMS or email from the Income Tax ...
FedEx completed $276 million in share repurchases via open market transactions during the quarter. Approximately 1.2 million shares were repurchased, with the year-to-date decrease in outstanding ...
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.
In most cases, business credit card rewards aren’t taxable. The IRS generally treats rewards earned through spending as ...
As the Trump administration ordered agencies to eradicate “illegal” diversity, equity and inclusion efforts, we identified ...
The new income tax returns (ITR) form under the Income Tax Act, 2025, will be released prior to 2027-28 financial year, Minister of State for Finance Pankaj Chaudhary said on Monday. “Committee ...
“The new Income Tax returns (ITR) form, based on the I-T Act 2025, will be notified prior to 2027-28 fiscal year,” Minister of State for Finance Pankaj Chaudhary said on Monday (December 8, 2025).
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.
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