The High Court held that once income is duly recorded in an Income Tax Return, the Tribunal need not examine the source of income in accident claims. Compensation was enhanced by applying correct ...

An NRI faced a proposed 78% tax after ₹14.70 lakh of his property payment was made through his mother’s account and treated as unexplained investment. The ITAT Mumbai deleted the addition after he ...

Filing in Indiana for 2025? See what income counts, which deductions apply and how Hoosier‑specific credits can lower your tax bill.

ET Online NRIs who paid big tax in foreign country and wants to claim such tax credit in India needs CA certificate under the draft tax rules, 2026; Know more (AI generated representative image) Many ...

You need your adjusted gross income from last year's taxes to file your federal income tax return online in 2026.

NBR has once again extended the deadline for filing income tax returns for individual taxpayers for 2025–2026 tax year until 31 March, 2026.

A Dubai-based NRI who bought a ₹2 crore flat in Mumbai without filing an ITR in India received a tax notice treating the ...

A Pune taxpayer faces a hefty Rs 9.44 lakh penalty for misreporting Rs 10.65 lakh in deductions, including fake claims for ...

Missed filing an ITR for HUF income? Today’s Ask Wallet Wise explains why a member has no recourse once the deadline to file a revised ITR has expired. The Ask Wallet-Wise initiative offers expert ...

However, from April 1, 2026, transactional forms such as tax deducted at source statements, remittances, Form 60, and Form 15G/15H would operate under the new simplified framework.

The Pennsylvania Department of Revenue (DOR) has launched a free pilot program offering eligible Pennsylvanians a simplified way to file their state personal income tax return (PA-40) this ...

Only 2% of federal income tax returns were filed through Free File, even though 70% of filers qualified for the service, according to NerdWallet analysis of IRS data.