Got your tax refund this Diwali? Here's how to put the money to good use

The Income Tax Department has shown a noticeably proactive approach in processing refunds considering the Diwali festive ...

$400 inflation refund: New York starts issuing checks — Check eligibility, tax status and other details

New York State Department of Taxation and Finance stated that over 8 million eligible taxpayers from the state will receive ...

New York state begins issuing $400 inflation refund checks to millions of residents: Check eligibility

New York State is distributing inflation refund checks, ranging from $150 to $400, to over 8 million eligible residents. This ...

Leaked files reveal CRA refunded millions by mistake

More than two years after paying out $4.99 million in an allegedly bogus refund, the Canada Revenue Agency is stuck in ...
Accounting Today

IRS faces major management challenges

The Internal Revenue Service is confronting a daunting array of management and performance challenges in fiscal year 2026, ...

TDS mismatch in Form 26AS: Income Tax Department withholds Rs 1.5 crore tax refund - how taxpayer approached High Court and won case

Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ...
Tax Guru

Order Passed Beyond 3-Month Limit under Section 153(5) is Invalid: Karnataka HC

Karnataka HC ruled that an order giving effect to Tribunal directions passed after three-month limit under Section 153(5) is time-barred. Court upheld refund of ₹4.73 crore with interest under ...