Kerala High Court rules employees cannot claim TDS credit if employer fails to deposit deducted tax; directs IT Dept to act against defaulting ...

While the new Income-tax Act promises clarity and simplicity, several procedural rules remain stuck in the past. Expert warns ...

Delays in income tax refund can be expected on account of incorrect details such as wrong IFSC code or closed bank accounts.| Business News ...

The Income Tax Department has fixed March 31, 2026, as the last date to file TDS/TCS correction statements for FY 2018-19 Q4 ...

Capital One, which has not admitted to wrongdoing, has agreed to pay $425 million to settle the class action suits against it.

New Delhi: When a person passes away, their income tax responsibilities don’t end with them. A legal heir or representative, often a spouse, child, or close relative can file the income tax return on ...

As of September 15, around 7.08 crore ITRs have been filed, while around 6 crore ITRs have been e-verified. Previously, the ...

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Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...

Many taxpayers are reporting refund delays, especially for amounts above Rs 20,000. Here’s why it’s happening and how you can ...

Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission which said the online giant tricked ...