Waiting months for your income tax refund? The government may owe you interest. Learn when you qualify for this interest, ...

Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to release remaining refunds, ...

New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, ...

The Bombay High Court condoned a 338-day delay in filing Form No. 10 for income accumulation under Section 11(2), holding that genuine hardship justified relaxation of procedural ...

The Court quashed the order rejecting the condonation of delay, emphasizing that human error and professional reliance justify acceptance of late audit ...

According to the Income Tax Department's website over 7.57 crore Income Tax Returns (ITRs) were filed for the Assessment Year (AY) 2025-26 as of September 23, 2025. While the numbers look healthy on ...

This section surveys notable 2025 developments in trusts and estates across key jurisdictions, highlighting enacted legislation, pending proposals ...

An income tax notice is an official communication from the tax department highlighting discrepancies, missing information, ...

A state legislative committee is eyeing cutbacks in $30 billion worth of tax credits and tax exemptions to offset the ...

The Second Circuit ruled that the deadline to challenge IRS notices can be tolled and is not jurisdictional, supporting ...