As of January 1, 2026, failure to link PAN with Aadhaar renders the PAN inoperative, preventing taxpayers from filing Income ...
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 ...
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 ...
The simpler Income Tax Act comes into effect this April, bringing in new forms and rules. here is what it means for individual taxpayers.
You have roughy one month left to file 2025 state and federal income tax returns. Here's what happens if you don't, and how to get an extension.
In most homes, finances are shared. But when it comes to taxes, couples are treated as individuals. Should that change? A new idea is now putting this question in focus.
Several important changes in India’s tax system will come into effect from April 1, 2026. The new Income-tax Act, 2025 will replace the Income-tax Act, 1961, which has been in place for more than 60 ...
Millions of taxpayers expecting a federal income tax refund are getting an IRS notice instead of cash due to new rules.
If you made an error while filing your Income Tax Return (ITR) or failed to disclose your entire income, you still have an opportunity to rectify it. To do so, you can utilize the Updated Income Tax ...
Several income tax changes will take effect from April 1, 2026, including new ITR filing deadlines, higher STT rates, an ...