ITAT Hyderabad sent back the disallowance of Rs. 25.93 crore on pension bond adjustments and Rs. 21.92 crore on pension trust payments for verification due to contradictory claims and ITR reporting ...

ITAT held that the delay in filing appeal was caused by genuine reasons, including the taxpayer’s age and misunderstanding of online procedures. The case was remanded to CIT(A) for fresh adjudication ...

Treasury will end Direct File, an IRS bridge to your bank account.

In a major relief for taxpayers, the Central Board of Direct Taxes (CBDT) has extended key income tax deadlines for AY 2025-26. The due date for filing income tax returns (ITRs) for AY 2025-26 in tax ...

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

The Income Tax Department has announced a major relief for taxpayers by extending the deadline for filing tax audit reports for the financial year 2024–25. Initially set for September 30, the new due ...

The Income Tax Department on Wednesday, 29 October 2025, extended the ITR audit deadline for corporates and taxpayers, allowing them to file their audit report until 10 November 2025 for the ...

This conflict could already be seen with the pilot program. According to a report by an Inspector General, the IRS’s Direct File software failed to list certain education tax credits that filers could ...

In a major relief for taxpayers and professionals, the Punjab & Haryana High Court and the Himachal Pradesh High Court on Tuesday extended the income tax return (ITR) filing deadline for tax audit ...

The Central Board of Direct Taxes (CBDT) on October 29 extended the deadlines for filing income tax returns (ITRs) and audit reports for Assessment Year 2025-26, offering much-needed relief to ...

When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review from 2023, which showed “the potential for” a mere ...

There's a ton of paperwork that goes into maintaining your small business — and failure to file something important can result in penalties. One such piece of documentation that businesses should file ...