An updated return, as outlined in sections 139(8A) and 140B of the Income Tax Act, offers taxpayers the opportunity to ...

ITR-1: While filing your income tax return, you don't need to file any form for opting in or opting out of the new tax regime ...

The process involves two major steps: obtaining proof that you are the legal heir, and registering yourself on the income tax ...

The Federal Board of Revenue (FBR) has officially notified the simplified electronic tax return form for the tax year 2025, ...

A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...

The Central Board of Direct Taxes (CBDT) has enabled updated income tax return (ITR-U) filing through ITR-3 and ITR-4 forms on the e-filing ITR portal for the assessment year 2021-22 and 2022-23.

The Federal Board of Revenue (FBR) has launched a simplified electronic tax return form for individual taxpayers for the year 2025, aiming to make filing easier and more efficient.The final form was ...

When the Income Tax Department identifies these discrepancies, they issue a notice giving you 15 days to make the necessary ...

The income tax act defines the term “transfer" to include extinguishment of the rights in the asset in addition to actual ...

The interactive return form incorporates an auto-fill system that integrates ... the filing process and enhancing transparency. Under the Income Tax Ordinance, taxpayers must begin filing returns soon ...

Are we getting a stimulus check in August? Here's status update on $600 rebate stimulus checks, how to track IRS refund by ...

CBDT has granted income tax exemption to Tamil Nadu Electricity Regulatory Commission for specific income types, effective from FY ...