MILLIONS of workers could save thousands of pounds by making a simple tax check ahead of April. Anyone employed or paid via ...

Kolkata recently allowed the appeal of Terai Fruits Company in a case concerning a penalty levied under Section 270A of the Income Tax Act. The case originated from a reassessment proceeding where the ...

Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...

The AHA calls on Congress to reject changes to states’ use of provider taxes, which help fund their Medicaid programs.

An updated tax return, filed as per Section 139(8A), permits taxpayers to correct omitted or inaccurate income declarations.

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

ITR-U is a form that lets taxpayers update their income tax returns if they missed filing the original or belated return or ...

We explain how fines work for late returns and missed payments, and offer advice on what to do if you're struggling to pay ...

Hundreds of thousands of people left it to the last minute, with 732,498 self-assessment tax returns submitted across the ...

Finance Minister Nirmala Sitharaman has proposed, in the Union Budget, extending the time limit to file updated returns for ...

The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.

which could decrease your capital gains tax when you sell it," says Allec. To write off your HOA fees or special assessments on your taxes, it's important to ensure that you comply with IRS ...