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 ...

Section 143 (2) of the Income Tax Act, 1961. The notice for limited scrutiny specifically identified four areas for examination: receipt of large foreign remittances, mismatch in payments to related ...

The ITR filing this year has started with a significant delay, primarily due to non-availability of ITR forms first and then supporting utilities. The tax department made available the ITR forms in Ap ...

The U.S. Federal Reserve's ability to steer the economy through interest rate adjustments depends on market confidence. If rates are rising due to runaway debt, the Fed may find itself forced to raise ...

If you’re filing ITR under the old tax regime for AY 2025-26, be prepared for tighter scrutiny — every deduction you claim, ...

Failure to report interest earned from savings accounts, fixed deposits, bonds, or other sources, even if tax has been ...

Form 26AS helps in avoiding tax notices by ensuring that TDS and TCS are correctly reflected in your tax returns.