Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...

Bombay High Court held that denial of exemption under section 11 of the Income Tax Act for delay of mere 29 days in filing of Form No. 10B is not justifiable since denial of exemption is likely to ...

Once you gather your paperwork and understand the basics, the process of filing your taxes for the first time is less ...

Millions of people still prefer a paper check for federal income tax refunds. But President Trump signed an executive order to stop paper checks.

The Bombay High Court set aside an order denying Vesava Koli Samaj Shikshan Sanstha's request to condone a 181-day delay in filing Form 10B for AY 2019-20, citing genuine ...

The concept of a Hindu Undivided Family (HUF) has been part of Indian tradition for generations. Reflecting this cultural ...

Agricultural income is fully exempt under Section 10(1), but it must be included for rate purposes. This means that it is added to your total income to compute the tax rate applicable to your regular ...

Inheriting gold jewellery is a windfall, but tax obligations arise only when you sell. Understanding capital gains rules, ...

Domain Money reports on costly tax traps for equity compensation, advising on strategies to avoid unexpected tax bills and ...

Payments have been mailed out, and 8.2 million households will receive theirs starting this month. Here’s what to expect, and ...

Income tax rebates will arrive soon for Virginia taxpayers, courtesy of the General Assembly through a budget initiative that ...

Rafał Kran and Janina Fornalik of MDDP analyse the introduction of the JPK CIT and e-invoicing, outlining how companies ...