Revision of income tax (I-T) can be done at any time three months before the end of the assessment year or before the ...

In the year that a taxpayer dies there may still need to be one or more tax returns that are required to be filed after their death. The need for these filings is dependent upon the income that the ...

Hobby income and expenses aren't reported to the IRS the way business income and expenses are. Here's how to tell what type ...

Income tax refunds for the 2025-26 assessment year are being credited. Some taxpayers are still waiting for their refunds.

The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act, 1961. This change ...

As the U.S. government faces a potential shutdown, many taxpayers are concerned about how this might impact their tax returns and refunds. Understanding the implications can help in planning and ...