Income Tax Department Cracks Down On TDS, TCS Defaulters; Identifies 40,000 Cases
The Income Tax Department has launched a crackdown on Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) ...
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Income Tax Department to Take Strict Action Against 40,000 Taxpayers – Here’s Why
The Income Tax Department is gearing up to launch a nationwide crackdown on tax defaulters. With the recent budget ...
An IRS hiring freeze could delay income tax refunds; what to know
Taxpayers may be checking their bank accounts or mail, looking for their income tax refund. Here is what to know.
The Financial Express20h
Claimed 87A tax rebate for capital gains? Income-Tax Dept sending demand notices
The ITR filing utilities stopped allowing taxpayers to claim rebate under 87A for various special rate incomes including ...
The citation that wasn't! Now-withdrawn tax tribunal order triggers AI misuse concerns
The tax tribunal’s order had cited a judgment by the Madras High Court and three verdicts by the Supreme Court.
Colorado Department of Revenue announces income taxes now processing, new online tool
After a delay pause in processing tax returns, leaving many returns pending, the Colorado Department of Revenue said it's now ...
Missing the income tax deadline or failing to pay can have costly consequences
Taxpayers can face penalties from the IRS and the state of Illinois if they file their tax return late or fail to pay any ...
Tax Guru4h
Income Tax dues prior to resolution plan’s approval date are extinguished: ITAT Delhi
Delhi dismissed an appeal by the Income Tax Department against GAIL Mangalore Petrochemicals Ltd. (formerly JBF Petrochemicals Limited). The case arose after the company underwent Corporate Insolvency ...