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Error in ITR Utility . Please note that, as per law, interest under section 234C is not applicable when the net tax liability ...
Selling a property after upgrading it? From kitchen remodels to boundary walls, here’s what you can claim as improvement cost ...
Section 87A is a provision of the Income Tax Act under which individuals who are residents of India are given a tax rebate if ...
Taxpayers get the benefit of marginal relief when they file their income tax return. In the new tax regime applicable for the financial year 2025-26, if your salary is Rs 12,90,000, will you be taxed ...
The ITAT Mumbai has ruled that a company's share of a partnership loss cannot be added back to its book profits under Section 115JB, clarifying the computation of book profits under the Income Tax ...
Taxpayers should categorize their income and select appropriate forms for filing, such as ITR-1 for salaries and ITR-4 for business income.
ITAT Mumbai held that adjustments made by Central Processing Centre [CPC] under section 143(1) of the Income Tax Act is deleted since the entire adjustments were on account of technical glitches of ...
ISLAMABAD: The federal Board of Revenue (FBR) will disallow 50 percent business expenditure in cases where a person makes a ...
Retirees who paid too much tax on their pension income are now getting their refunds as HMRC dishes out £48million ...
If an SMSF is considering adopting tax effect accounting for the first time, the financial statements for the 2024–25 income ...
Inheritance tax loophole means money will not be subject to the seven-year rule, but rules must not be flouted ...
Filing your ITR for FY 2024-25 requires essential documents like PAN, Form 16, AIS, capital gains reports, and investment proofs to ensure error-free, timely income tax return submission.