The government announced it will raise ₹11.7 lakh crore through dated securities in FY27 to fund the fiscal deficit. The borrowing programme forms part of the Union Budget 2026–27’s financing strategy ...

The Court found a prima facie case that reassessment was initiated without considering detailed explanations already on ...

The court ruled that delayed filing of Form 10 for income accumulation cannot defeat exemption when substantive conditions are met. Rejection of condonation was held ...

In early January, the IRS announced that the first day for filing 2025 tax returns would be today, Monday, Jan. 26, 2026. If ...

The Finance Ministry has extended the deadline for revising income-tax returns to March 31, 2026, with a fee. The original ...

Nirmala Sitharaman has announced new timelines for tax filing. Scroll down to know more.

Landlord gets tax notice adding Rs 7 lakh deemed rent to his income for letting his five properties remain vacant; he said he tried his best to find tenants but could not and ultimately sold the ...

Sec. 6752(1)(b) was satisfied by an IRS supervisor’s timely signed approval of penalties against the taxpayer, without any “meaningful review” or “reasoned decision-making,” the Tax Court held.

NSSO has released the latest NSSO data on household consumer expenditure which indicates that India's poverty level has ...