Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through the tax rebate than changing the tax slabs. This is because to get this tax ...

The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

This article discusses some of the key amendments that may be introduced in the upcoming budget to achieve the Finance ...

ITAT Chennai held that Form 56F not signed by an accountant, as referred in section 10A (5) of the Income Tax Act, is defective and hence deduction under section 10A of the Income Tax Act not ...

Chhattisgarh High Court recently adjudicated a tax appeal under Section 260A of the Income Tax Act, 1961, involving the ...

The current income-tax law is complex for average taxpayers due to its technical jargon and numerous provisos, circulars, and ...

Notably, the surge came after the SEC filed an appeal to a 2023 ruling in its case against Ripple, the largest corporate holder of XRP. The Wall Street regulator officially filed an appeal to a ...

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social ...

Under certain state laws, the following statements may be required on this website and we have included them in order to be in full compliance with these rules. The choice of a lawyer or other ...

advertisement SECTION 80C Section 80C of the Income Tax Act is one of the most widely utilised sections ... and children’s tuition fees are also eligible for deductions under this section. For those ...