The government’s move to replace the six-decade-old income-tax rules, 1962 with a new framework from April 2026 is set to ...

The ITAT held that a 29-day delay in filing Form 10B is a procedural lapse and cannot be the sole basis for denying exemption under Sections 11 and 12. It ruled that substantial compliance and ...

Michigan workers and retirees will see new tax breaks for tips, overtime and retirement income in 2026. But what do you do on ...

ITAT held that delay in filing Form 10B is only a procedural lapse and not fatal to exemption. It ruled that exemption under Section 11 cannot be denied where audit report is eventually ...

Certain financial tasks, including PPF, SSY, NPS contributions, investment declaations, ITR(U) submissions and PAN compliance ...

ITR-U: The concept of ITR-U was introduced by the government a few years ago to allow taxpayers to voluntarily disclose previously unreported or underreported income. Unlike a revised return—which is ...

More than 1.3 million taxpayers nationwide still have unclaimed refunds tied to the 2022 tax year and face an April 15 ...

ITR filing dates will change for some categories, with businesses and professionals not requiring audits shifting from July ...

This new law does not change how much tax you pay — the rates stay the same — but it does make the whole framework ...