Kolkata recently allowed the appeal of Terai Fruits Company in a case concerning a penalty levied under Section 270A of the Income Tax Act. The case originated from a reassessment proceeding where the ...

With the 2025 tax season underway, Free File could be just what you need to get your taxes done early and only for $0.

The Supreme Court on January 7 set aside the Gujarat High Court's judgment dated March 21, 2017, through which the rejection to the compounding application of the Appellant for the assessment ...

The Bombay High Court ruled in favor of Bizznet Online Systems Pvt Ltd, directing the revenue department to process the company’s pending TDS refund application in a time-bound manner. The petitioner ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...

China tax brief for January 2025, we spotlight policies and measures just announced or scheduled for implementation.

The Illinois Earned Income Tax Credit (EITC) is a benefit for working people with low to moderate income. To claim an Illinois EITC for tax year 2024 (tax returns due in 2025), taxpayers must file an ...

According to the announcement, the expiration date of each homeowner’s current tax credit is noted on their 2024 property tax ...

With big changes to how Box 3 investments are taxed in the Netherlands, Taxsight tells you what you need to know about how it might affect your finances.

Finance Minister Nirmala Sitharaman has announced new income tax slabs in the New Tax Regime. We take a look at from when this is its applicable for salaried individuals, and other details.

This initiative is a bold step toward ensuring that all children, regardless of their socioeconomic background, have access ...