Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...

The V.I. Bureau of Internal Revenue Director Joel Lee has announced a new online ... “The portal will allow taxpayers to upload the completed 2024 Individual income tax return (Form 1040 or ...

Income Tax Bill News LIVE: Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal, in an interview with the news portal Business Today, said that after the implementation of the new tax regime ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

Experts say there exists many flaws, glitches, etc with the e-filing ITR portal. Although these issues might seem small but collectively these add up to a bigger grievance. For example: When a notice ...

March 31, 2025 is the deadline to file a revised TDS return for FY 2007-08 to 2018-19. What this means is if you have any ...

If you’re hoping for a quick turnaround on your Kentucky state tax refund this year, make sure you file it well before ...

The ITAT Mumbai heard the appeal of Rahul Kumar Singh against the order passed by the Commissioner of Income Tax (Appeals) for the Assessment Year 2018-19. The case stemmed from allegations that the ...

Income Tax Calculator: During Budget 2025, Union Finance Minister Nirmala Sitharaman announced new tax rates, offering relief to the salaried taxpayers. With a higher tax rebate of upto ₹ 60,000 ...

CIT(Appeals). The income tax return filed by the assessee was processed u/s. 143(1) by the CPC and the intimation was available on e-portal of income tax department. The assessee has also e-filed the ...

In an email, department officials said the transition to a new business portal known as MyTaxes "will indirectly affect individual income ... viewing return information for multiple tax types ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.