The income tax department has set certain guidelines to deposit cash in saving/current account in a single financial year.

The TDS (Tax ... Income/Dividend in respect of Units of Mutual Fund registered under section 10(23D) payable to resident 10,000 10% 194LA Compensation to a resident on acquisition of immovable ...

Vivad se Vishwas Scheme, meant to reduce pending income tax litigation ... DRP has issued directions under section 144C(5) of the Act and the assessing officer has not completed the assessment.

"There is a chance that the money from tariffs could be so great that it would replace (the income tax).” The idea may sound appealing, but economists who spoke to USA TODAY say Trump's ...

This form is also for people who are not eligible to file their Income Tax returns under ITR-1, ITR-2 and ITR-4. The latter pertains mainly to presumptive taxation under sections 44AD and 44ADA ...

It seeks to modernise and simplify the Income Tax Act, 1961. While the Bill is indeed shorter in length than the original Act it seeks to replace, there is one major concern: privacy experts ...

The Inflation Reduction Act lets companies sell their clean energy tax credits for cash. Now that benefit is at risk.

US House Democrats may be looking to block tax incentives in Puerto Rico for crypto investors after more than 13 years.

Amid reports the IRS may end its free Direct File program, more than 170 lawmakers are demanding it remains open.

Since 2019, a new doctrine has evolved out of some important court decisions that has called into question whether the 90-day ...