Income Tax Department gives the taxpaying citizen an opportunity to file a revised income tax return (ITR) and an updated ITR ...

The Income Tax Department has alerted many taxpayers that their refunds are on hold due to ITR mismatches. The identified taxpayers must file revised returns by 31 December 2025, or face additional ...

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.

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

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 ...