The addition of Form 990 Series filing expands the Tax1099 suite of IRS-approved e-filing solutions. Nonprofits and tax-exempt organizations can now e-file Form 990 series, including amendments, and ...

Taxpayers classified as resident and ordinarily resident must report overseas bank accounts, foreign shares or securities, ...

The court directed the Board of Advance Rulings to expedite the disposal of a pending application under Section 245Q, ensuring timely filing of tax returns by the ...

Section 119(2)(b) applications enable retirees to claim leave encashment exemption up to ₹25 lakh, condoning delays in filing revised ...

The income tax department is analysing certain refund claims flagged by the system, either because they were "high-value" or ...

After the University of Nebraska fired Scott Frost on Sept. 11, 2022, after a string of losses, he says the school created ...

Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...

Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...

Many taxpayers expected quick refunds, but the processing has slowed down. CBDT Chairman Ravi Agrawal recently clarified that ...

For many taxpayers, the ITR refunds have been delayed due to bank account-related issues such as incorrect account numbers, wrong IFSC codes or unvalidated accounts.

Several months have passed since the September 16 deadline for filing Income Tax Returns. Yet, many taxpayers are still waiting for their refunds. While the Income Tax Department has processed refunds ...

Filing ITR can be a daunting task, and mistakes are common. In case someone is still waiting for their tax refund, it's ...