If you realise an error after filing, you can submit a revised return under Section 139(5). This replaces your original ...

Penalties of 25% to 75% of the tax owed may apply for falsely claiming deductions. The more dishonest the claim, the higher ...

Calcutta High Court quashes a GST refund appeal rejection for Gaurav Agarwal, citing lack of hearing, prior registration cancellation, and instruction to file ...

Small Finance Bank is offering 8.25% interest rate on FD for three year tenure. Similarly, Jana Small Finance Bank is ...

All employers will issue P60’s for the 2024/25 financial year with millions of UK households told to prepare themselves and ...

As you anticipate your tax refund in 2025, be aware that the IRS can withhold it to settle outstanding debts. This process, known as offset, is part of the Treasury Offset Program. Even with a ...

More than £300,000 in council tax rebates remain available to residents living in Oxford. There are 2,183 households in the Oxford City Council area that can claim £150 back from the authority, an FOI ...

According to the Income Tax Act of India, people should file an ITR if their annual income surpasses the basic exemption ...

Given the existing tax structure—a 30% flat tax on gains with no offset of losses and a 1% Tax Deducted at Source (TDS) on ...