The Rajasthan High Court dismissed the challenge to Section 234E of the Income Tax Act, holding that the fee for late TDS filing is compensatory, not ...

Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated ...

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

Employees who attempt to cheat the system with bogus tax deductions risk facing severe repercussions. The Income-Tax ...

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

San Francisco 49ers receiver Brandon Aiyuk has had the guaranteed money in his contract for next season voided.

Many Indians lose money by not claiming TCS on overseas tour packages, despite credits in Form 26AS. Experts urge better awareness and correct ITR filing.

San Francisco 49ers injured receiver Brandon Aiyuk had approximately $27 million in guaranteed money voided in his contract ...

If your income tax refund is delayed, check your ITR status online. Learn reasons for pending refunds and how the government calculates interest on late payments.

Tribunal held that interest disallowance for non-deduction of TDS must be restricted to 30% under amended provisions. It also remanded issue of estimated interest on interest-free advances for ...

CBDT chief Ravi Agrawal said on Monday that delays in Income Tax refunds are due to analysis of high-value or flagged claims.

Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...