The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...
Mumbai has upheld the order of the Commissioner of Income Tax (Appeals) [CIT (A)] in the case of ACIT vs. Jamnagar Utilities and Power Pvt. Ltd., allowing deduction under Section 80G for Corporate ...
TDS at a rate of 5% will only be withheld starting on April 1, 2025, if the total amount of insurance commission paid to an ...
Consolation prize for Akshaya AK-693 is Rs. 8,000. The consolation prize will be given to several winners. Sun, 16 Mar 2025 ...
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Money Digest on MSNThe Tax Deduction You Might Be Able To Claim If You Work From HomeIf you are a remote worker, there are several tax deductions you can likely take advantage of, especially if you are ...
New Jersey residents are getting the most out of filing their taxes. According to a SmartAsset 2025 survey, Where Americans Write Off the Most in Taxes, taxpayers from the Garden State have lightened ...
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