ITAT Chennai held that exemption under section 11 of the Income Tax Act is allowable inspite of certain errors while filing form 10B since the claim is supported by audited financials, revised audit ...

3. Hence, as a last facilitation measure, the transitional provisions for the SCMTR is being extended till 31.05.2025, so that the interim time available be gainfully utilized by all the stakeholders ...

Tax season is probably everyone’s least favorite time of year. But the experience can be a little more daunting for millions ...

The IRS marks 50 years of the Earned Income Tax Credit, which helps millions of working families. Learn how to qualify and claim it.

The plan may result in a short-term increase in arrests for the White House to tout, but former and current government ...

Tax collection projections are down. Refunds are up. That’s a formula that could dampen US government revenue and, if it ...

Germany-based technology and services firm Bosch Limited, on Monday, said it had received a tax demand of more than Rs 20 ...

As the financial year 2024-25 concludes, taxpayers face critical tax-related deadlines today, March 31, to avoid penalties ...

Korea’s National Tax Service (NTS) launched a new income tax refund platform called One Click on Monday, aiming to streamline ...

Older Michiganders have important tax credits and subtractions they can use this tax season to lower their tax bill or provide a refund, according to the Michigan Department of Treasury. These ...

Typically, if your income is less than the standard deduction for your filing status, filing a return isn’t required.

Every parent hopes their children will someday attend college and change the world. The reality is that not every child can ...