Salaried taxpayers opting for the old tax regime must now follow a revised ITR filing process for FY 2024-25. Merely using ...

Still haven't filed your 2024 taxes? Here are the key questions to ask a tax pro before you make any other moves.

It's best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer's opportunity to receive ...

Filing your Income Tax Return (ITR) is an annual obligation for every eligible Indian taxpayer. It not only ensures compliance with the law but also facilitates access to various financial ...

Before starting your income tax return, ensure you have key documents in hand. These include Form 16 from your employer, Form ...

All ITR Forms notified for AY 2025-26 but you still can't file your income tax return - Find out why (Image: AI generated) If you are preparing to file Income Tax Return (ITR), then this news is ...

Income tax return (ITR ... want to file their return under the old tax regime – are meant to opt for it separately. These are some of the factors which should weigh on your decision of choosing ...

If you currently deduct state and local taxes (SALT) on your federal return, the upcoming 2025 tax reform proposal might ...

Representative image NEW DELHI: The Income Tax Department has officially notified the updated return form, called ITR-U, allowing taxpayers with an extended window of four years to rectify or ...

To include the sales tax from a personal transaction on your return and claim the deduction, enter the total amount of sales tax paid or accrued in the line labeled "Other Taxes" on Schedule A.

However, tax experts caution against such haste while filing income tax returns ... system may show a higher income/TDS. In such cases, the taxpayer must file a revised return by 31 December.

Each winner will receive two (2) tickets to a performance of ‘Bring It On: The Musical’ (ARV: $168) to use between June 16-22 ...