The Tribunal ruled that assessment orders in e-proceedings must be digitally signed as per CBDT instructions. A manually signed order was held illegal and liable to be ...
The Pennsylvania Department of Revenue (DOR) has launched a free pilot program offering eligible Pennsylvanians a simplified way to file their state personal income tax return (PA-40) this ...
Redesigned income tax return (ITR) forms, broader criterion for applicability of ITR forms, and more pre-filled details a.
No interest is payable if the refund amount is less than 10 percent of the tax determined under section 143(1) or pursuant to regular assessment ...
The AO completed assessment under Section 144 after alleged non-compliance, but failed to prove valid service of notice under Section 148. The Tribunal ruled that absence of jurisdiction renders the ...
The 2026 tax filing season has begun. Here are the key dates you need to know. During this filing season, taxpayers will need to use the newly created Schedule 1-A to take advantage of the new tax ...
The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law ...
India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, from April 1, 2026. This will replace the nearly six-decade-old Income Tax Act ...
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
The draft Income-tax Rules, 2026, propose several income-tax forms that were earlier prescribed under the Income-tax Rules, 1962. The CBDT is expected to notify the draft income tax rules by the first ...
To check the status of your refund, use the " Where's My Refund?" tools for federal tax refunds or go to the IRS2Go app. Information is updated once a day, overnight. Social Security number or ...
Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...