The last day to file 2025 income tax returns s Wednesday, April 15, and if you can't file by then, you can request a tax-filing extension.

The Tribunal held that filing return after due date does not disqualify deduction under section 80P for AYs prior to 2018. It ruled that denial on this ground was incorrect and required ...

The IRS recently changed tip deduction rules for self-employed individuals. If you filed early, learn how to amend your tax return.

IC should not deny concessional tax benefits. It emphasized that substantive compliance prevails over procedural ...

Applying for a six-month extension is easy, but IRS rules still require you to make a proper estimate of the taxes you owe. A ...

Taxpayers can file updated returns before March 31 to correct past omissions. They have to pay the due taxes, along with ...

Can you still claim tax relief from previous years? Learn IRS deadlines, rules and when refunds, credits or penalty relief ...

The extension of the revised ITR deadline to March 31 gives taxpayers more time to fix errors in their filings.

The Mumbai ITAT has rejected a taxpayer’s claim for tax deduction on a Rs 2 lakh political donation, ruling that the ...

Penalties for filing taxes late are deliberately set high enough to encourage taxpayers to file in a timely manner. On top of that, the IRS can impose additional penalties and interest to any unpaid ...