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 ...

The initiative aims to enhance the success rate of Maharashtra’s candidates in the UPSC Civil Services Examination, said SIAC ...

In the recent ruling ITAT held that deduction u/s 54B would not be applicable in case land was not used for agricultural purposes in two years preceding date of transfer.

Sunita Kejriwal, a former 1994-batch IRS officer, served in the Income Tax department for over 22 years before taking ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

This is a great opportunity for candidates who wish to work in the Income Tax Department. For this, the Income Tax Department ...

Punjab and Haryana High Court held that revisionary proceedings under section 263 of the Income Tax Act on the basis of audit objections raised by audit party justifiable since there was no ...

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing ...

(The Center Square) – Income tax should not be paid on money provided through state-based catastrophe loss mitigation programs, says a U.S. Senate proposal from North Carolina Republican Thom Tillis.

As President Trump continues to make sweeping changes to federal agencies, sections of the IRS’s Internal Revenue Manual ...

The case of the United States against Henry Williams came up before Mr. Commissioner BETES yesterday, the defendant being charged with taking from the Post-office a letter belongtng to Francis A.