Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...

The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

income tax brackets have shifted a bit. Be sure to find out where you land before filing. Also, there are several things you should know to avoid the dreaded tax audit. From the holiday season to ...

A notification that the tax authorities are auditing you can be a stressful and overwhelming experience. However, it's important to remember that a tax audit doesn't automatically imply that you're in ...

Punjab and Haryana High Court held that revisionary proceedings under section 263 of the Income Tax Act on the basis of audit objections raised by audit party justifiable since there was no ...

The 2025 tax season is expected to kick off Monday, when the Internal Revenue Service would begin accepting and processing ...

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...

DCIT, the Bombay High Court examined the legality of reopening assessments under Section 148 of the Income Tax Act. Bennett ...

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has explained a structured procedure for conducting audits ...