Taxpayers can face penalties from the IRS and the state of Illinois if they file their tax return late or fail to pay any ...

After a delay pause in processing tax returns, leaving many returns pending, the Colorado Department of Revenue said it's now ...

Taxpayers may be checking their bank accounts or mail, looking for their income tax refund. Here is what to know.

Delhi dismissed an appeal by the Income Tax Department against GAIL Mangalore Petrochemicals Ltd. (formerly JBF Petrochemicals Limited). The case arose after the company underwent Corporate Insolvency ...

The ITR filing utilities stopped allowing taxpayers to claim rebate under 87A for various special rate incomes including ...

The Income Tax Department has launched a crackdown on Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) ...

Tax officials from Delhi, Goa, and Bengaluru raided Prestige Estate Projects Ltd's head office on Brunton Road, its ...

Prosecutors told the judge that Richard J. Lewandowski’s cooperation with them “has spanned over the course of many months,” ...

The Income Tax Department is gearing up to launch a nationwide crackdown on tax defaulters. With the recent budget ...

Supreme Court of India recently addressed a case concerning the reopening of income tax assessments, specifically in Principal Commissioner of Income Tax-1 (PCIT-1) vs. K.R. Jayaram. The apex court ...

Two proposals would reimburse homeowners in wildfire zones for making their roofs and yards more resistant to blazes.

President Donald Trump's Republicans are trying to pass a tax cut extension that would reduce federal revenue by about $4.5 ...