Form 1040 is the essential U.S. tax form for reporting individual income to the IRS. Discover its types, uses, and filing ...
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
Income Tax Refund Status, Risk Management for AY 2025-26 Explained: The messages and e-mails from the Income Tax Department, ...
Learn why the Income Tax Department is sending risk management SMS alerts and how they differ from scrutiny notices. This guide explains what taxpayers should do if their refund is temporarily ...
If your Income Tax Return (ITR) is not processed by 31 December 2026, or within the prescribed deadline for earlier ...
Tax refunds are projected to significantly increase in 2026 due to the retroactive One Big Beautiful Bill Act (OBBBA). An ...
The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE ...
According to the Income-tax Act, a taxpayer must pay advance tax if they anticipate owing more than Rs 10,000 in taxes for the year after deducting TDS, or the amount subtracted from the tax liability ...
Failure by an ROR to disclose, or incorrect disclosure of, foreign income and/or assets may attract these tax and penalty ...