No interest is payable if the refund amount is less than 10 percent of the tax determined under section 143(1) or pursuant to regular assessment ...
If you haven't filed your Income Tax Return (ITR) for the financial year 2024-25 (FY25), there's no need to panic. Even if ...
Investors selling shares or mutual funds can claim Section 54F LTCG exemption if proceeds are invested in a residential house or plot, with timelines.
India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, ...
Understand the IRS refund timeline, expected deposit dates, delays, and how to track your tax refund so you know exactly when your money will arrive.
Here’s when Maryland taxpayers must file their 2026 income tax return and where to check refund status.
A legal and practical analysis of India’s tax complexity, challenges faced by taxpayers, judicial insights, and reforms aimed at simplification and ...
If you’ve already filed your federal income tax return and are expecting a refund, the IRS says you should see the money in your account soon — but the exact timing depends on when your return was ...
D.C. income tax returns for the 2026 tax season are generally due mid-April, with extensions available. A political fight ...
The PCIT questioned deduction under Section 80JJAA and CSR expenses but failed to record specific findings. The Tribunal held that absence of independent verification and reasoning renders the Section ...
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
– Taxpayers can check their refund status on the income tax e-filing website at eportal.incometax.gov.in. – After logging in with PAN and Aadhaar, they can view their latest ITR status. – If it is not ...