The Tribunal ruled that assessment orders in e-proceedings must be digitally signed as per CBDT instructions. A manually signed order was held illegal and liable to be ...
Previously, PAN was mandatory for cash withdrawals or deposits above Rs 50,000, but now PAN will be required only if the total cash transaction exceeds Rs 10 lakh in a year ...
Believe it or not, it's possible to prepare and file your income taxes without spending a dime. We've reviewed the leading ...
Only 2% of federal income tax returns were filed through Free File, even though 70% of filers qualified for the service, according to NerdWallet analysis of IRS data.
Redesigned income tax return (ITR) forms, broader criterion for applicability of ITR forms, and more pre-filled details a.
The AO completed assessment under Section 144 after alleged non-compliance, but failed to prove valid service of notice under Section 148. The Tribunal ruled that absence of jurisdiction renders the ...
The 2026 tax filing season has begun. Here are the key dates you need to know. During this filing season, taxpayers will need to use the newly created Schedule 1-A to take advantage of the new tax ...
Early IRS data shows fewer tax returns processed and few refunds issued through Feb. 6, but the average refund amount is up. Here's what to know.
Any taxpayer or family who earned $89,000 or less in 2025 may use a free filing option for a tax return using the IRS website. In New York, taxpayers who earned $89,000 or less can file online for ...
India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, from April 1, 2026. This will replace the nearly six-decade-old Income Tax Act ...
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Income tax return forms to be updated soon: What taxpayers can expect in the new ITR format
The Income Tax Department is expected to release updated Income Tax Return (ITR) forms for the financial year 2025–26 in the ...
To check the status of your refund, use the " Where's My Refund?" tools for federal tax refunds or go to the IRS2Go app. Information is updated once a day, overnight. Social Security number or ...
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