The reason could be that your current year’s refund may have been adjusted against your old income tax demand, embroiled in ...

The more state government funds itself off of sales taxes — rather than income taxes — the more regressive it becomes.

The Inland Revenue Department (IRD) has extended the deadline for filing Income Tax Returns for the Year of Assessment ...

The Central Board of Direct Taxes (CBDT) has advised all taxpayers to carefully review their foreign income and assets and ...

The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. ​The latest circular has ...

KSCAA has reported that the tax department has been erroneously processing many income tax returns (ITRs) and even imposing ...

There are limits on depositing money into savings accounts. The Income Tax Department has issued some important rules.

As per section 194N of the Act, TDS is required to be deducted when an individual withdraws a sum exceeding Rs 20 lakh in ...

Income Tax Department raids Soubin Shahir's Parava Films over alleged tax evasion and financial irregularities following a ...

Resident analyst dissects effects of state’s tax structure, federal tax cuts, COVID, investment income and remote work on ...

The Lake Placid Village Board of Trustees passed a local law providing a property tax exemption for low-income residents with disabilities at a meeting Monday. This followed a public hearing which no ...