Income Tax Penalty: As a busy adult, sometimes forgetting a few important dates becomes a huge mistake later. It is like ...

A Sikar taxpayer faced a ₹3.99 lakh penalty after declaring ₹12.9 lakh in income following an income tax notice. The ITAT ...

If you have submitted your Income Tax Return (ITR) in July or August and are still awaiting your refund, there could be various reasons for the delay in receiving it.

Previous filing deadline was October 15.Initially, the date was September 30.FBR issues circular announcing fresh ...

ITAT Chennai allows Section 11 exemption of ₹79.92 lakh to charitable trust filing ITR under Section 139(4), relying on CBDT's 2019 clarification.

The CBDT has extended the ITR and tax audit deadlines for a specific category of taxpayers for AY 2026-27. The move gives eligible taxpayers additional time to complete their audit-related compliance ...

ITAT Rajkot allows Section 11 exemption despite belated ITR and Form 10B, holding Section 13(9) restriction applies only to Section 11(2).

The Federal Board of Revenue (FBR) on Thursday further extended the deadline for filing income tax returns for Tax Year 2026 ...

The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns for tax year 2026 to October 31.

When you start a side hustle, it is easy to focus on getting work and the tasks themselves.However, what causes trouble later ...

ISLAMABAD: The Federal Board of Revenue (FBR) is legally and morally bound to extend the date for filing of income tax returns up to December 2026 irrespective of number of returns received till ...

Many Americans overseas owe no U.S. income tax, yet complicated reporting rules can make saving, investing, and banking ...