ITAT Delhi allowed Veena Gupta’s appeal against the CIT(A)’s order, which had confirmed an addition of ₹1,39,32,231 under section 68 of the Income Tax Act for unexplained ... statements without ...

Central Board of Direct Taxes (CBDT) has notified income tax return (ITR) forms for e-filing income tax returns in FY 2024-25. These are the myriad changes which the income tax department has ...

The Income Tax Return (ITR) filing for the financial year 2024-25 will kick in soon once the tax department makes available online and offline forms and utilities on the e-filing portal of the ...

The monthly increase in take-home pay from the income tax cuts announced under the new regime in Budget 2025 is between ₹2,900 and ₹9,100 across various incomes. While filing ITR-1 and ITR-4 ...

Is It Possible to Switch Tax Regimes While Filing ITR? Yes. As per current income tax rules, salaried individuals are allowed to change their tax regime at the time of filing their returns.

Cyprus is stepping up scrutiny of influencers, YouTubers and other public figures, as tax and consumer protection authorities intensify efforts to tackle undeclared income and misleading advertising.

COLUMBIA, S.C. (WSPA) – South Carolina has the largest income tax rate in the southeast, with a top income tax rate of 6.2%. However, a new income tax reform bill could change all of it.

TPC analyzed a preliminary, incomplete draft of the tax portion of what will become the year’s major budget bill. It found that, on average, all income groups would benefit from the tax proposals.

Income tax is primarily a responsibility of the devolved Scottish Parliament. The tax-free personal allowance is set at Westminster by MPs, but the rates and bands of income tax are a matter for ...

BATON ROUGE — The Louisiana House of Representatives voted 86-13 Wednesday to approve a bill that might further cut the state’s new flat individual income tax rate and create a tax break for ...

BENGALURU: Bengaluru Rural Lokayukta police detained commercial tax inspector Nijanandamurthy MR when he was allegedly accepting Rs 20 lakh as bribe from a private person near a hotel in ...

"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 ...