Most of the flagged cases in December involved returns where exemptions or deductions were claimed in the ITR but did not ...
Capital gains arose from land compulsorily acquired by a government authority. ITAT directed the AO to re-examine eligibility ...
Young and the Invested on MSN
Taxes too high? How to reduce or avoid capital gains taxes
There’s an important capital gains tax exclusion you might qualify for if you sell your home. The exclusion is worth up to ...
The issue was whether leave encashment exemption should be capped at ₹3 lakh or ₹25 lakh. ITAT held that the enhanced ₹25 lakh limit applies, making the entire ₹13.12 lakh fully ...
U.S. House Resolution 1, also known as the ‘One, Big Beautiful Bill’ created a federal tax credit program that would allow ...
Taxes are due by April 15, 2026, which falls on a Wednesday. If you don't expect to file by then, you can request a six-month extension.
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