Tax Guru

ITAT Delhi Allows Section 54 Exemption for Property Purchased in Australia

The tribunal ruled that Section 54 benefits apply to property purchased abroad before AY 2015-16, reversing the prior disallowance. Cash deposits in bank accounts without business entries cannot be ...
Tax Guru

Concessional Section 115BAA Tax Rate Allowed Due to Timely Filing of Form 10-IC

ITAT Delhi ruled that validly filed Form 10-IC ensures eligibility for Section 115BAA concessional tax rate. Key takeaway: timely filing secures lower corporate tax in subsequent ...

I’m in my 50s and divorced with a $1.7 million home. I fell in love with an old school friend. Does it make financial sense to marry?

Several years ago I was happily divorced. Checking in with an old friend, a woman I’d known in high school and college, the ...
Business Standard

Missed something in your ITR? You can still correct it with ITR-U

When the Income Tax Department introduced the concept of the Updated Return (ITR-U) in Budget 2022, it was welcomed as a progressive step to promote voluntary compliance. With Budget 2025 extending ...
ksn.com

Engage60 Launches as Civic-Focused Short-Form Video Platform Aiming to Inform and Empower U.S. Voters

This approach gives users breadth without forcing polarization. With Gen Z and Millennials projected to make up nearly half of the U.S. electorate by 2028, Engage60 leverages the short-form video ...
TribLIVE.com

Tropical Storm Imelda forms and is expected to become hurricane off the U.S. East Coast in coming days

MIAMI — Tropical Storm Imelda formed Sunday and is expected to become a hurricane off the U.S. East Coast early next week. The storm caused disruptions in the Bahamas and nearby islands earlier Sunday ...
NOLA.com

Tropical Depression 9 forms, could strengthen to Tropical Storm Imelda headed for southeast U.S.

A tropical depression formed Saturday afternoon in the Atlantic Ocean and is forecast to strengthen into a tropical storm before hitting the southeast U.S. coast early next week, according to the ...
indiafilings.com

Which ITR Form to file for Salaried Person

“The applicable ITR forms to file for salaried persons are ITR-1 and ITR-2. ITR-1 to be filed if income is up to ₹50 lakh with limited sources like salary and one house property. ITR-2 to be filed if ...
The Hill

Trump floats air support for Ukraine as part of security guarantees

President Trump is floating providing U.S. pilots and warplanes as part of security guarantees for post-war Ukraine as he pushes for an end to Russia’s war against the country. Trump has said the U.S.
First Coast News

Tropical Storm Erin forms in the Eastern Atlantic | What that means for the First Coast and Eastern U.S.

MIAMI — We continue tracking Tropical Storm Erin in the mid-Atlantic still over 2,000 miles away from the First Coast. As of 5am Friday, Tropical Storm Erin has wind speeds of 70 miles per hour with a ...
Forbes

Form Follows Frustration: Why The U.S. Needs A Chief Experience Officer

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. For millions of Americans, the worst user experiences (UX) aren’t on retail sites or social ...