Revision of income tax (I-T) can be done at any time three months before the end of the assessment year or before the ...

The purchase consideration was paid in an earlier financial year, and only the registration occurred in the assessment year ...

The Internal Revenue Service has shut down its Direct File free tax-filing program, sending an email to the 25 states that ...

ITAT Hyderabad sent back the disallowance of Rs. 25.93 crore on pension bond adjustments and Rs. 21.92 crore on pension trust payments for verification due to contradictory claims and ITR reporting ...

As many as 1,633 police personnel in Maharashtra''s Buldhana district have been issued notices by the Income Tax Department for submitting improper income tax returns (ITRs), officials confirmed on ...

Bombay High Court held that assessee couldn’t be put to considerable disadvantage due to belated advice given by CA. Further, in case delay is not condoned, grave hardship will be suffered as genuine ...

A California man’s petition asks the Supreme Court to rule whether nonviolent felons can be permanently barred from owning ...

The Trump administration has ended this free IRS tax filing program. Find out what's happening and what it means for you.

Bengaluru, to rectify obvious errors. This move aims to expedite the correction of accounting mistakes, reduce administrative ...

Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...

The program developed during Joe Biden’s presidency was credited by users with making tax filing easy, fast and economical.

WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the ...