Draft Income Tax Rules: The Income Tax Department recently introduced the Draft Income Tax Rules 2026. These new rules are being prepared to comply with the Income Tax Act 2025, which will come into ...

New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification.

S Corporations & Partnerships can now prepare, e-file, and deliver Schedule K-1s easily with TaxZerone — All in One ...

The Tribunal confirmed demand under Section 73(2), citing the Managing Director’s admission and failure to register for manpower services. Cum-tax valuation was allowed for recalculation of ...

Early IRS data shows fewer tax returns processed and few refunds issued through Feb. 6, but the average refund amount is up. Here's what to know.

The Tribunal upheld penalty for non-filing of return under Explanation 3 but ruled that computation must reduce TDS and self-assessment tax paid before notice. Penalty was reduced from Rs. 8.56 lakh ...

Congress cannot talk tough on illegal immigration while quietly rewarding illegal work and all the other benefits that illegal immigrants reap using taxpayer identification numbers.

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