2. In this appeal, the assessee has raised the following ground: – ...

Despite the clear legislative intent behind Section 87A, taxpayers have been receiving intimations under Section 143 (1) of ...

It is necessary to understand the various forms of ITR as filing income tax returns (ITRs) can be a daunting task if you are not aware of the right form for your income type.

President Donald Trump's second term has been defined by volatility and uncertainty. Early on, he proposed replacing income ...

The Tax Cuts and Jobs Act (TCJA) disproportionately benefited the working and middle classes, as evidenced by IRS data which ...

T department has officially released simplified Income Tax Return (ITR) forms 1 and 4 for the assessment year (AY) 2025-26.

Tax laws change frequently, with updates impacting the best tax planning practices for businesses across industries. Over the ...

Certain tax rules and considerations specifically affect undocumented immigrants in the United States and their common ...

With Indiana’s property tax bill signed into law, Northwest Indiana municipalities will lose millions of dollars for services ...

Section 115BAC of the Income Tax Act introduced the optional new tax regime. This regime offers lower tax rates but does away with most exemptions and deductions—like those under Section 80C ...

Vivad se Vishwas Scheme, meant to reduce pending income tax litigation ... DRP has issued directions under section 144C(5) of the Act and the assessing officer has not completed the assessment.