Submit response with supporting proof such as challans, Form 16, etc.

Car buyers purchasing vehicles above ₹10 lakh can reclaim 1% Tax Collected at Source (TCS) deposited by dealers. This amount, ...

In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is ...

Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...

There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an ...

Colorado Gov. Jared Polis sent a letter this week to the U.S. Treasury Department calling on it to undo its suspension of the ...

PAN–Aadhaar linking is mandatory by 31 2025. From 1 January 2026, unlinked PAN cards will become inactive, affecting ITR ...

The Dells donated a historic $6.25 billion on Tuesday, helping fund the new children's savings program passed under the "One ...

The Tribunal ruled that unexplained investment cannot be added without confronting the assessee with the Koinex transaction data relied upon by the AO. Matter remanded for fresh ...

Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth ...

Under Indian income tax law, a transfer of property between specified relatives qualifies as an exempt transfer and therefore ...