New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...

The Schedule 1-A does not differ from the draft version issued last year, but instructions for Form 1040 provide details and ...

The video presents an easy guide to making a teriyaki tofu sushi wrap, blending the rich taste of teriyaki sauce with tofu in ...

The Court held that rejection of condonation for a 50-day delay in filing Form 10B was improper when genuine hardship was demonstrated. It directed authorities to treat the audit report as filed ...

The Tribunal held that purchases cannot be treated as bogus merely because the supplier did not file an income tax return. Verified GST filings and inventory records established transaction ...

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

Filing in Indiana for 2025? See what income counts, which deductions apply and how Hoosier‑specific credits can lower your tax bill.

Early IRS data shows fewer tax returns processed and few refunds issued through Feb. 6, but the average refund amount is up.

The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This new federal tax break applies to qualifying new vehicles purchased after ...

The new $25,000 tip tax deduction applies from 2025 through 2028. File IRS Schedule 1-A to claim it. Only voluntary tips qualify. Income limits apply. Phaseout starts at $150,000 single and $300,000 ...

The court held that it lacked subject-matter jurisdiction over a taxpayer’s refund claim that did not meet the full-payment ...