The ITAT held that filing Form 10B on the extended due date, especially during COVID-19 relief periods, cannot by itself defeat Section 11 exemption. Procedural delay cannot override substantive ...

The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE ...

The Income Tax Department is alerting taxpayers about incorrect deduction and exemption claims. Salaried individuals who ...

Progressive three-year-old Benevac is currently down the order of entry for next month’s Magic Millions 3YO Guineas but can ...

U.S. President Donald Trump's tariff campaign appeared to move at a breakneck pace towards Canada's economy this year.

Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.

The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check t.

Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.

The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ...

HRA forms part of an employee’s salary package and is intended to offset rental housing costs. Although HRA is treated as ...

Tax experts clarified that refunds have been put on hold, not denied, and will move forward once the mismatch is resolved ...

Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...