Choosing the right income tax returns (ITR) form is important for all taxpayers. As the ITR filing for FY 2024-25 is in progress, taxpayers need to choose the ITR form depending on their income.

Delhi High Court held that internal disputes among company directors do not justify condonation of delay in filing ITR, upholding statutory compliance ...

Taxpayers face severe penalties for failing to disclose foreign assets, even inadvertently. A Mumbai executive received a ₹40 ...

The representation points to widespread taxpayer hardship due to late ITR utilities and faulty AIS-driven mismatch alerts.

The Income Tax Department has alerted many taxpayers that their refunds are on hold due to ITR mismatches. The identified ...

Gov. Mike DeWine has approved a correction to the biennium budget bill that would have possibly cut roughly 11,000 Homestead exemption recipients out of the “piggyback” benefit. State lawmakers gave ...

AT&T will pay a $177 million settlement for a class action lawsuit over multiple customer data breaches. Two classes of customers whose data was compromised in March and July 2024 are eligible for ...

Rep. Chuck Edwards officially filed to run for reelection in North Carolina's 11th Congressional District on Dec. 1, his team announced. Edwards, a Henderson County Republican, is seeking his third ...

The standard deduction has been super-sized for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim an additional $6,000 without itemizing, thanks to tax ...

The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season. Peter is a writer and editor for the CNET How-To team. He has been ...