Did you ever face the situation where the bank or employer or others deducted the correct amount of TDS but somehow it failed ...

T Department's SMS to salaried taxpayers is meant to provide clarity on TDS deductions. However, some individuals may have misinterpreted the message and are wondering if they owe additional taxes.

Union Budget 2025 has proposed to extend updated return filing period to 48 months; understand the rules, benefits, and ...

An updated return, filed under Section 139 (8A), allows taxpayers to amend missed or incorrect income declarations. It can be ...

An updated tax return, filed as per Section 139(8A), permits taxpayers to correct omitted or inaccurate income declarations.

Crypto traders in India could end up shelling out significant tax penalties if they don't report their gains in a timely fashion.

The US has pulled out of UN negotiations on a new global tax treaty, according to a Bloomberg report from yesterday, February ...

The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...

ITR-U is a form that lets taxpayers update their income tax returns if they missed filing the original or belated return or ...

India's Defence Research and Development Organisation (DRDO) has conducted additional flight trials of its very-short-range ...

Now taxpayers have a longer timeframe of up to 48 months to file an updated income tax return which was 2 years earlier. The ...

We recently published a list of 12 Most Buzzing Stocks to Buy According to Hedge Funds. In this article, we are going to take ...