Taxpayers can now easily compare sections of the Income Tax Act, 1961, with corresponding clauses in the new Income Tax Bill, ...

New Income Tax Bill, 2025 simplifies tax laws, reduces word count, introduces 'tax year', and enhances readability for ...

However, it is noteworthy that the current Bill is expected to undergo a lot of changes since the income tax portal is still ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

Now a online process has to be used for submitting order giving effect requests. Earlier even if a taxpayer won a case ...

The V.I. Bureau of Internal Revenue Director Joel Lee has announced a new online income tax filing portal called “VI Quick File” is now available. “The portal will allow taxpayers to upload ...

In Capital Property Consultants Vs ACIT, the Delhi High Court dealt with the issuance of multiple notices under Section 148A(b) of the Income Tax Act, 1961, highlighting procedural lapses by the ...

The bill laying out Gov. Mike Braun’s plan for property tax cuts passed out of committee Tuesday, but it included amendments for school referendums, property tax levy calculations and credits for ...

To start the registration process applicants must request a personal identification number (PIN) by emailing oit_register@irb ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners. Missing the deadline can get pricey. Late filers face penalties up to Rs ...

In an email, department officials said the transition to a new business portal known as MyTaxes "will indirectly affect individual income tax filers." The switchover to the new system is expected ...

Millrose Properties and Lennar Corporation started regular-way trading. MRP opened at $23.49, made an intraday high of $27.07 ...