Tax experts clarified that refunds have been put on hold, not denied, and will move forward once the mismatch is resolved ...

Several taxpayers have complained that they have received an email and/or SMS from the income tax department saying that ...

This explains how most notices arise from differences between ITR data and information available with the tax department through AIS and ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

The message is triggered when the department detects a “significant mismatch” between exemption or deduction claims in the ...

The Indian government is preparing to implement a new Income Tax Act from April 1, 2026. This article examines the upcoming changes to tax forms, the timeline for notification, and the government's ...

Accounting is riding a steady wave of tax prep work and individual and business tax consulting, according to a new survey — but challenges loom in the form of pricing questions (and intense internal ...

Plus: Taxes on bonuses, deducting health insurance premiums, IRS whistleblower program updates, the Corporate Transparency ...

Madras High Court held that issuance of show cause notice under section 74 of the Goods and Services Tax Act, 2017 impermissible since tax already paid voluntarily and there was no tax liability to be ...

The Internal Revenue Service announced tax relief for individuals and businesses in Washington state affected by severe storms, straight-line winds, flooding, landslides and mudslides that began Dec.

Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...

Notice 2025-68 provides some parameters with respect to their establishment, operation and reporting requirements.