Tribunal clarified that registration proceedings cannot be based on speculative future violations, and set aside the rejection orders for ...
Taxpayers experience relief as a significant increase in income-tax refund payouts occurs over the past 24 hours, particularly for high-value credits.
The Court ruled that an assessee cannot invoke Section 139(8A) after initiation of assessment proceedings under Section 143(2). It affirmed the disallowance of deductions and held that appeal is the ...
Tax professionals say a significant number of tax refunds have been credited over the past day, including high-value credits ...
MoS Finance Pankaj Chaudhary recently said that around 8.8 cr income tax returns had been filed up to Feb 4, of which nearly 24.64 lakh had remained unprocessed for over 3 months ...
The Supreme Court directed the makers of the Netflix film “Ghooskhor Pandat” to propose a new title after finding the ...
Nearly 24.6 lakh income tax returns are pending for processing for over 90 days, the government told Parliament, citing technology-driven risk analysis and NUDGE compliance campaigns as the key ...
The ITAT Indore has allowed Section 87A tax rebates on both long-term and short-term capital gains from equity for AY 2024-25 ...
A man's Rs 4 lakh donation to a political party for an 80GGC tax deduction was flagged as suspicious. The Income Tax Appellate Tribunal (ITAT) added Rs 40,000 to his income, noting the party provided ...
Depending on how much you've saved, you may have to pay federal taxes on your retirement income. About half of Social Security recipients pay taxes on their benefits, for example, according to data ...
Nick Gallo has been a financial content marketer and journalist for over six years. He has deep expertise in credit-related topics, including credit reports and scores, loans and credit cards, and ...
As a small business owner, you have a lot on your plate and filing your taxes might seem like an overwhelming task. But the right online tax-filing software can save you time, money and stress. CNBC ...