Selecting the incorrect Income Tax Return (ITR) form can result in incomplete reporting of information, potentially leading ...

The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...

ITR Filing for Assessment Year 2025-26: Income tax return (ITR ... one house property and other sources. Who is not eligible to file ITR 1? The ITR- 1 form cannot be used by a person who has ...

ITR-1 is for an salaried individual earning up to Rs 50 lakh and have no capital gains or business income, while ITR-3 is for ...

Currently, there are 7 forms notified by the department - ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. It is crucial ...

Homeowners' discontent over rising property taxes is leading the growth of a movement to abolish them across GOP-led states.

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...

There’s a new tax form coming your way for the 2025 tax year. Form 1099-DA will make filing your capital gains taxes on ...

Former property owners looking to make claims on leftover proceeds from foreclosure sales after December 2020 can complete and return a notarized form, via certified mail or in person, by July 1 the ...

Hang Seng Bank is well capitalized and in solid financial shape. Even after recording large provisions in 2022 and 2023 for its exposure to mainland China commercial real estate, its common equity ...

The taxpayer failed to substantiate that a theft occurred or, if it did, its tax year of discovery for his investments in an ...