Summary: Effective from September 1, 2024, the Budget 2025 amendments introduce block assessment procedures for search cases under Sections 158B to 158BI of the Act. A block period now includes six ...

You can’t just claim anything. In preparing to file your income tax return, you will need to provide receipts for proof. Here ...

The Budget 2025 has proposed to tighten certain rules for crypto trading. As per the amendments made, income from VDAs will ...

CIT (A) has erred in confirming the addition of Rs.6 lacs which was added by the Assessing Officer on account of unexplained cash found at the residential premises during the course of search. 2. The ...

These days, there are a number of free options for filing your tax return, and many of them offer guided support to help you ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to avoid an audit.

Did you know?

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have until May 1 or Oct. 15. Already filed your taxes? Here’s how much you can ...

On top of a new presidency, changing economic tides and more, we have another crucial money event to focus on soon: tax ...

The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...

“The most common mistake that you’ll see is that a taxpayer will go to an accountant or go to do their taxes through a ...