Errors can lead to delays in tax refunds. Certain mistakes can even turn a refund into an unexpected tax bill.

Hyderabad :The state commercial tax department has posted an impressive 17.06 per cent increase in revenues for January, ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...

The review petition filed by the Finance Ministry is expected to come for hearing by end of February, when the apex court may ...

Budget 2025 aims to unlock India's potential for development by 2047, with reforms for ease of doing business and tax ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.

The present Writ Petition is filed challenging the assessment order dated 27.02.2022, on the premise that the Input Tax Credit has been disallowed only on the ground that the claims have been lodged ...

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

Global mining conglomerate Vedanta Ltd was hit with Goods and Services Tax (GST) penalties of Rs 141.36 crore for alleged ...

In a general procedure hearing that was later moved under the informal procedure rules and rendered on December 17, 2024, the ...

BHUBANESWAR: The directorate general of GST intelligence (DGGI), Bhubaneswar zonal unit, has arrested three persons for their ...