Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

Taxpayers can claim deductions not reported to employers while filing their income tax returns, even after the employer's TDS calculation. The final deadline for belated returns is 31 December, ...

What will the extra lucky winner do with their $1.70 billion Powerball Jackpot? The odds of winning the jackpot are 1 in ...

The ITAT held that late filing of Form 67 cannot defeat a valid FTC claim. The ruling clarifies that procedural delays do not override substantive treaty ...

Here's what experts suggest taxpayers can do ahead of the 31 December 2025, if they miss the revised or belated ITR deadline.

Millions of Americans who file their own returns have long learned about tax math mistakes only after the Internal Revenue ...

The communication has caused anxiety because of its wording, which tells taxpayers that not responding "may be construed as a ...