If you prefer using a pen and paper to file your taxes every year, you might want to consider using a special tax form that ...

Tax evasion is a serious offense that can lead to steep fines, audits and jail time. But what is tax evasion exactly? Here's ...

Or should only distributions received in Canada be reported on Form T1142? Does Form T1142, Information Return in Respect of Distributions From and Indebtedness to a Non-Resident Trust, have to be ...

The owners of vehicles which have previously been registered are not required to submit a tax declaration form, but need only present documents which identify the identity of the vehicle, such as the ...

The following instructions relate to complex sections of the Regulation 105 Waiver Application form ... from tax on their income. If the applicant is an unincorporated group or joint venture, each ...

Summary: The Central Board of Direct Taxes (CBDT) has issued notification no. 43/2025 dated 03/05/2025, notifying the new Income Tax Return (ITR) Form 2 for Assessment Year (AY) 2025-26. This form is ...

FIRST ON FOX: A key U.S. economic agency is projecting that President Donald Trump's tax policy in his "one big, beautiful bill" will lead to increased take-home pay for American families and ...

You’re married Married couples only complete a single income tax return form, including the details and income of both partners. This joint declaration of both incomes – beyond saving time ...

Income tax payers must explicitly indicate their chosen tax regime – old or new – along with the appropriate declaration form (10-IE or 10-IEA). Business disclosure sections have been expanded ...

In a notable decision impacting taxpayers with foreign income, the Income Tax Appellate Tribunal (ITAT), Pune Bench, has ruled that a delay in filing the requisite Form 67 should not be the sole basis ...

The Central Board of Direct Taxes (CBDT) has released all Income Tax Return (ITR) forms for Assessment Year 2025–26, based on income earned in FY 2024–25. While the basic structure remains ...

Listen to Story The IT Department released all seven ITR forms for AY 2025-26 ITR-1 and ITR-4 remain for small and medium-sized taxpayers Capital gains must be reported based on the sale date before ...