An individual whose total tax liability from non-salary income exceeds ₹10,000 after accounting for TDS and TCS must pay ...

The Court ruled that reassessment could not be initiated based on audit objections containing factual errors and overlooking prior accepted depreciation. The decision underscores that reopening must ...

The High Court held that the Commissioner did not properly apply the wide discretionary powers under section 264. The matter was remanded for fresh consideration in light of the petitioner’s ...

Taxpayers across the city are facing unusual delays in receiving their Income Tax refunds this year, as the department ...

Aging has its benefits. Many people find that as they become older, they become wiser, more resilient, and have developed ...

India's Income Tax Act 2025, effective April 1, 2026, simplifies tax compliance, expands the tax base, and modernizes laws by ...

Older Americans are heading into tax season with a rare piece of good news: a fresh $6,000 deduction designed to shrink how ...

In essence, if senior citizens are bracing for a tax bill with a Roth conversion, planners like Carroll and Cooper say the extra bonus is giving them more ability to take the sting out of that tax hit ...

Employees who attempt to cheat the system with bogus tax deductions risk facing severe repercussions. The Income-Tax ...

The loss of a spouse can lead to higher taxes due to changes in filing status, reduced deductions, and increased Medicare surcharges. Planning ahead can help mitigate the survivor's penalty and reduce ...

WASHINGTON, Nov. 12, 2025 /PRNewswire/ -- With just a few weeks left in 2025, the American Institute of CPAs (AICPA) advises taxpayers to take action and make year-end tax and financial planning moves ...

The leader of the Oregon Ducks' offense this season, quarterback Dante Moore came into this year with high hopes and expectations. Through eight games, Moore has thrown for 1,772 yards and 19 ...