The Income Tax Department has announced good news for taxpayers who are eligible to claim section 87A tax rebate for FY ...

The Income Tax Department is allowing eligible taxpayers to claim the section 87A tax rebate in updated ITR forms. This ...

The main deadline to file ITR forms to claim refunds is generally July 31st every year, however, a window is open for late ...

For example, if you settled a suit and received taxable damages, report the payment as income. But if you have arguments that the lawsuit recovery should not be taxable, the last thing you want is a ...

Calculating the precise amount you owe to the IRS takes some time. How much varies depending on where you live and work. Here ...

Tax season kicks off later this month, but experts say it’s not too early to get organized and get ahead. Read on for ...

The calendar has flipped to 2025, and Americans will soon be tasked with filing their tax returns for the previous year.

The first day to file 2024 tax returns in California is Jan. 2, according to the state's Franchise Tax Board. The due date to file the state tax return and pay any balance is April 15, 2025, according ...

Taxpayers should note that these changes will only be implemented on the back end for the ITR-2 and ITR-3 forms.