Bakersfield tax preparer admits guilt in $25 million tax fraud scheme involving stolen identities and fake businesses, facing ...

As ITR filing for FY 2024–25 gathers momentum, a large number of taxpayers—ranging from salaried professionals and gig workers to small business owners—are getting caught in a web of tax myths that ...

The Income Tax Department released the Excel utilities for ITR forms. The ITR-2 excel utility has six changes for the ...

Filing your income tax return (ITR) doesn’t have to mean hiring a chartered accountant. Due to the online portal of the ...

India's Income Tax Department initiates nationwide verification against bogus deduction and exemption claims, warning taxpayers of penalties and ...

The ICAI Disciplinary Committee reprimanded CA Jayant Ishwardas Mehta (M.No.042630) for professional misconduct involving an incorrect income tax exemption ...

The Income Tax Department has launched a nationwide crackdown in 2025 targeting fake deduction claims by salaried employees, ...

Nowadays, children are ahead in all activities along with their studies. Many times, their talent becomes their source of ...

The legal heir needs to register on the income tax portal through his or her own PAN and then request permission to act on ...

To give honest taxpayers a chance to fix their mistakes, the department had earlier asked people to revise their returns if they had claimed any wrong deductions.

The Income Tax Department has unearthed fake deductions worth Rs 1,045 crore, withdrawn by 40,000 taxpayers after AI-based ...

Have you filed your Income Tax Return and are now waiting for your refund? If yes, then you are not alone. This year, many ...