The deadline to file state and federal taxes is Tuesday, April 15. For those facing financial constraints, Dickson recommends ...
The deadline for federal 2024 tax returns is Tuesday, April 15, 2025. 2024 New Jersey tax returns are due the same day the ...
Tax season opened on January 27, meaning taxpayers can now file and pay their tax returns with the Internal Revenue Service.
The Ontario Trillium Benefit is a combination of several tax credits. Here’s how the OTB works, who’s eligible for the OTB, and OTB payment dates for 2025.
1. Rejection of Books & NP Estimation : The Assessing Officer (AO) rejected the books of accounts and applied a Net Profit (NP) rate of 24.50%, leading to an addition of ₹5,25,346 to taxable income.
Filing an ITR is crucial not just for compliance, but also to take advantage of available tax rebates and avoid penalties.
Taxpayers may receive various types of income tax notices, but not all of them apply to individuals. If there are errors in ...
In a reply to this, the Income Tax Department clarified that there are no changes in refund provisions. The I-T department ...
Country’s 1.2 crore taxpayer identification number (TIN) holders still fail to comply with the mandatory filing requirement ...
Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...
Up to Tk 3.8 million income tax returns have been filed after a three-fold extension in deadline following the shock from the ...
So, the provisions of section 115BBE of Income tax Act. 1961 have been erroneously imposed by Assessing Officer while passing assessment order. Therefore, the Assessment order passed by Assessing ...