Paying rent above Rs 50,000? You can be classified as assessee in default by income tax dept if you fail to deduct TDS TDS on rent: According to a Income Tax Department brochure, Form 16C is a TDS ...

The Gujarat High Court addressed a case where Ujala Dyeing And Printing Mills Private Limited inadvertently made an error in their income tax return filed on September 24, 2018, while claiming a ...

Some tax refunds could be delayed if a taxpayer requested a paper check or filed a paper return, or if additional measures were implemented for identity protection, NC Department of Revenue (NCDOR) ...

A Von Ormy woman was sentenced to two years in prison for knowingly submitting false tax returns for clients, the Department ...

Over my forty years or so in and around dealing rooms and financial markets, I have heard many theories as to how to approach that problem and have settled on a process that has worked for me ...

Delhi High Court held that Form ITNS-150 sets out quantum of tax determination to be paid by assessee in an order u/s. 143 (3) of the Income Tax Act, thus any amendment thereof is to be made within ...

Tax Day has passed, but here’s a look at how much people have paid in taxes in recent years — and how much they’ve gotten back in tax returns.

Between wildfires such as the ones in Southern California earlier this year and hurricanes and other major storms experienced by other parts of ...

The Internal Revenue Service announced tax relief for individuals and businesses in Tennessee that were affected by severe ...

The Internal Revenue Service extended the tax deadline to May 1 for all of Florida and Georgia due to the hurricanes that ...

Tax season is a source of angst for many Americans. This year, Internal Revenue Service employees who have returned to the office are in the same boat. Amid the agency's return-to-office mandate ...