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.
Tax refunds are flowing, but IRS is seeing fewer early returns filed so far this season
Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...
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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 ...
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 ...