The Bombay High Court addressed appeals filed by Hicons Developers against an order issued by the Income Tax Appellate Tribunal (ITAT). The central issue revolved around the tribunal’s order dated ...

If you are planning to sell a property, understanding the rules around Capital Gains Tax and Advance Tax is crucial. The ...

Those who fail to file on time will receive a letter notifying them of an impending “failure to file” penalty. The penalty is ...

If the numbers don't match up with what the IRS is expecting on a given return, a taxpayer will receive a notice from the IRS, which further slows the process. Schultz said the better move for ...

A 401(k) plan allows individuals to save for retirement with tax advantages and employer matches they forego when saving ...

The Internal Revenue Service says Oregonians have less than a month to claim an average of $781 in tax refunds from a pot of ...

The survivor's penalty is more common among older women ... "The larger the IRAs, the bigger the tax problem," he said. However, married couples can plan for this in advance, experts say. You can ...

But while an extension grants extra time to file your return, it doesn't necessarily mean you can delay payment. While ...

Avoid Penalties! Missing today’s deadline for advance tax payment for the financial year 2024-25 could lead to penalties.

Illinois U.S. Rep. Darin LaHood, R-Peoria, has introduced the Electronic Filing and Payment Fairness Act . LaHood notes that under current law, if a taxpayer physically mails a payment or tax return ...

Filing your taxes early can get you your refund faster. You'll have more time to plan how you'll pay your taxes if you ...

Taxpayers can now conveniently settle their regular income tax, advance tax, and other tax liabilities through the e-pay tax service using online payment methods provided by these banks.