Tax Guru8h
Late Form 68 Filing Procedural default, No Penalty if Demand Paid in time: ITAT Jodhpur
ITAT Jodhpur ruled in favor of the assessee, emphasizing that penalty proceedings are distinct from assessment proceedings. The tribunal noted that the mere disallowance of claims does not ...
Tax Guru8h
Section 270AA Immunity cannot be denied for Late Submission of Form 68 Hard Copy
Present appeal of the assessee is arising from the order of the Commissioner of Income Tax (Appeals)-National Faceless Appeal Centre (NFAC), Delhi (“Ld. CIT (A)”) dated 10.05.2024 and relates to ...
How a simple tax check could save you £1,000s and it only takes minutes to do
MILLIONS of workers could save thousands of pounds by making a simple tax check ahead of April. Anyone employed or paid via ...
DWP urged to increase Winter Fuel Payment eligibility to include more benefits
The DWP Minister continued: “Winter Fuel Payments will continue to be paid to pensioner households with someone receiving Pension Credit or certain other income-related benefits. They will continue to ...
Texas bill that lets families use tax dollars for private schools swiftly sails through Senate
Texas families could use tax dollars to fund their children’s private school tuition under a Republican-backed bill that sailed through the Senate.
Canada21h
Income tax rates for individuals
These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...