The Income Tax Department has issued a notice to Empuraan producer Antony Perumbavoor, seeking clarification on the alleged ...

If you have filed your income tax return (ITR File), but all the information in it has not been filled correctly, then you ...

The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...

Top households are grabbing a larger share of the nation's wealth, a trend experts say could accelerate due to tax cuts and ...

Interest on Non-Deduction/Deducted but Not Paid: Interest at 1% per month (or part thereof) on the amount of tax not deducted, and at 1.5% per month (or part thereof) on the amount of tax deducted but ...

HRA is a component of salary provided by employers to employees to help cover rental expenses. Employees can claim HRA ...

Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the ...

The Enforcement Directorate recently raided L2 Empuraan producer Gokulam Gopalan. The IT Department has now issued a notice ...

Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.

ITR-2 is meant for individuals whose annual income is above Rs 50 lakh or who earn from sources like rent, capital gains, or ...

When it comes to state income tax returns, the average refund so far is $920, according to the Michigan Department of ...

The Income Tax Department has introduced a new Excel-based utility for ITR-2 which was launched on March 25, 2025.