If your net income tax liability is lower than the total income tax paid, you are eligible for a tax refund in most cases. In some cases, the tax department adjusts current years’ tax refund with past ...
While some refunds may get issued earlier, large refunds may get delayed due to various discrepancies in the ITR filing. There’s a high probability that many taxpayers have not received their income ...
The due date to file the income tax return (ITR) for FY 2024-25 ended on 16 September after two extensions. However, if you now realise that you made some mistake while filing your return and ...
A government program that allowed taxpayers to file free federal tax returns has been cancelled, but there are still no-cost options available — especially if you meet certain income requirements or ...
People are feeding blood test results, doctor’s notes and surgical reports into ChatGPT and the like. Experts have some concerns. Credit...Ricardo Santos Supported by By Maggie Astor Mollie Kerr, a 26 ...
The Income Tax Department is gearing up for the new and simplified Income Tax Act, 2025, which will come into effect from April 1 next year. CBDT Chairperson Ravi Agarwal recently said that the ...