Depending on timing, the additional tax payable ranges from 25 per cent to 70 per cent of the tax and interest. "Once a raid, ...

Many new NGOs incorrectly assume that simple registration makes them tax-exempt or allows donors to claim deductions. Section ...

A gifted Chevy Tahoe and murky bookkeeping have put John McNesby and current president Roosevelt Poplar under fire — this ...

Section 80C lowers your tax liability by a maximum of ₹1.5 lakh through instruments like PPF, ELSS, and life insurance ...

A summary of India's direct tax collections from 2020-2025, detailing collections against budget estimates, the impact on ...

The ITAT Bangalore quashed a reassessment against Holy Spirit Educational Society, ruling that the AO's failure to dispose of objections before passing the final order was ...

"This year, taxpayers should be very careful," said CA Chetan Daga, founder of AdvantEdge Consulting.

A parliamentary committee has recommended significant changes to the proposed Income Tax Bill, 2025—suggesting flexibility in TDS refund deadlines for small taxpayers and seeking protection for ...

Income Tax Department' has been trending on Google Trends this July, especially in the last 15 days, due to the ITR filing season and a major crackdown on fake tax claims. The department is taking ...

Keeping it up-to-date is an arduous task. Given the endless meddling of UK policymakers, significant parts seem to become ...

Donating the stock directly avoids that tax and lets you deduct the full $50,000, maximizing both your impact and savings.

The Board of Education intends to work within the restrictions of its proposed budget ceiling. VIBE, Dr. Callwood said, ...