2. The only issue raised by the assessee in the various grounds of appeal is against the invalid exercise of jurisdiction u/s 263 of the Income-tax Act, 1961 (the Act) by the ld. PCIT, thereby ...

This is a great opportunity for candidates who wish to work in the Income Tax Department. For this, the Income Tax Department ...

In conclusion, the ITAT dismissed the appeal in light of the ongoing settlement under the Vivad Se Vishwas Scheme 2024, while leaving room for its revival if the settlement was not successful. The ...

Elon Musk wrote on X on Monday that 18F, the digital consulting team who developed the IRS Direct File system, had been ...

As tax season approaches, Illinois residents are encouraged to explore potential tax credits that could reduce their tax ...

Child advocacy group Groundwork Ohio praised the budget proposal’s “commitment to Ohio’s youngest children,” and pointed to ...

In order to make the Income Tax Act 1961 more concise and simpler the government is introducing a new income tax bill.

If you are employed, then your HR and payroll department would calculate the income tax before giving salary and would send ...

The Southeastern Conference reported a financial deficit for the 2024 fiscal year after league made expansion-related ...

The Confluence Early Childhood Education Coalition is proposing the creation of a special tax district in Garfield, Pitkin ...

A Mount Pleasant business owner is facing federal time after pleading guilty to wire fraud and filing a false income tax return. Jonathan Ramaci, 60, of Mt.

University High School students who are certified tax preparers prepare citizens' taxes for free in partnership with the IRS Volunteer Income Tax Assistance (VITA) Program.