The new income tax bill, effective from April 1, 2026, allows authorized officers to access locked physical and digital ...

April 15 is the drop-dead date for filing a 2021 federal income tax return, if you haven't done so. The IRS says many are ...

The income tax department will check and match your current income tax return filed with the previous year's ITR from next ...

Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.

The bill reduces the number of chapters from 52 to 23 and pages from 823 to 622, eliminating redundant and obsolete provisions. This structural simplification makes the tax code more accessible and ...

While an extension avoids late filing penalties and provides extra time for filing, an extension of time to file is not an ...

The Rajasthan High Court addressed a case where Namrata Jain, an NRI residing in the USA for over 15 years, challenged an income tax reassessment initiated under Section 148A(d) of the Income Tax Act, ...