Income Tax refund wait: Refund stuck for months? How much interest you may be owed as error checks slow payouts

Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to ...
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Chartered Accountants caution joint bank account holders about this critical issue with tax rules that can lead to tax notices

O.P. Yadav, Tax Evangelist at Prosperr.io & former Principal Commissioner of Income Tax Department, along with others have highlighted a critical issue regarding the implementation of Rule 114E(2) for ...
Los Angeles Times

How bank bonuses and interest payouts affect your tax bill

With tax season in full swing, you may be consolidating the various charitable donation receipts, deductions and W-2 forms that you’ll submit to the Internal Revenue Service. But if you received any ...
The Financial Express

10 common bank transactions that can put your savings account under Income Tax Dept’s radar

Your savings account meets your monthly needs: salary, bills, EMIs, or sometimes transferring or receiving money. All this seems normal, but now the Income Tax Department is keeping a close eye on ...