The deadline to file  Income Tax returns is winding down for most taxpayers — with many likely to incur fines after 15.

Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.

Discover what an allowance for credit losses means and how it's used in accounting to estimate uncollectible debts, enhancing financial statement accuracy.

As per Section 397(3)(f) of the Income Tax Act, 2025, deductors and collectors are allowed a period of two years from the end ...