To include more taxpayers within the income tax framework, the scope of Tax Deducted at Source (TDS) and Tax Collected at ...

The 2025 tax season is officially underway with the IRS beginning to accept income tax returns from January 27, 2025. For many ...

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 ...

Observing an 8.63% increase in turnover for AY 2017-18, the AO applied this same percentage to allowable expenses, disallowing any expenditure exceeding this growth rate. The ITAT deemed this ...

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Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...

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

IRS Direct File is back again this year with significantly expanded eligibility despite confusion over whether Elon Musk had ...

No tax refunds was paid to 12 lakh Income Tax Return (ITR) filers for AY 2024-25 despite 3.94 crore verified ITRs claiming ...

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.

The introduction of the Parental Choice Tax Credit in Oklahoma last year marks a pivotal moment in the state's educational ...