Honesdale Borough Council is again considering adopting an earned income tax (EIT), having been strongly recommended by a ...

Under normal circumstances, delayed refunds come with statutory interest—but the law also outlines several situations where ...

Waiting endlessly for your tax refund can test anyone’s patience. The silver lining? The government compensates you with ...

The notification also allows the authorised Commissioner to delegate powers in writing to Additional or Joint Commissioners ...

In other words, many taxpayers will pay more upfront and get a bigger refund in 2026. Kelly estimates that the average refund ...

If your income tax refund is taking longer than expected, you may wonder whether the tax department must pay you interest for the delay. The law does provide for interest, but not in every situation.

Nicole Shirvani is a board-certified, full-time psychiatrist in Florida. But she’s also a profitable property investor, with ...

The Tribunal held that the assessee’s income tax return for AY 2013-14 was filed within the permissible time under Section 139. Therefore, the penalty of ₹5,000 imposed under Section 271F was ...

GLU currently trades near the high end of its price-to-NAV range, making it less attractive for new accumulation at this time ...

Freelancers often overlook that tax rules apply even to small or irregular income streams. Understanding turnover limits, presumptive schemes, and tax regime thresholds helps determine whether an ...

The Central Board of Direct Taxes (CBDT) has issued new rules to streamline the correction of income tax refund errors. The ...

The Madras High Court condoned delay in ITR filing, holding that refund claims must be allowed if genuine hardship is proven, despite procedural ...