The Income Tax Department provides guidelines for Income Tax Return (ITR) scrutiny. These guidelines ensure transparency in ...

The bill contains many tax provisions beyond extending portions of the Tax Cuts and Jobs Act. It now goes to President Donald ...

New Delhi: Finance Minister Nirmala Sitharaman had announced in Budget 2025-26 that the new tax bill will be introduced during the ongoing session of Parliament. Sitharaman had first announced a ...

Misreporting or underreporting income can lead to penalties of up to 200 per cent of the tax due. Tax experts warn that even ...