Freelancers often overlook that tax rules apply even to small or irregular income streams. Understanding turnover limits, ...
I earned Rs 25 lakh in capital gains from equities and mutual funds in 2024–25 and paid the tax. Can I now revise my ITR to ...
Explains why digital game skins are excluded from the VDA category and taxed under normal income-tax slabs. Key takeaway: traders avoid the 30% VDA rate but must follow standard business or ...
ITAT Hyderabad sent back the disallowance of Rs. 25.93 crore on pension bond adjustments and Rs. 21.92 crore on pension trust payments for verification due to contradictory claims and ITR reporting ...
IRS Direct File, free online tax-filing tool launched by Biden, won't be offered next year despite 296,531 users in 2025.
Taxpayers who've faced delays due to errors in their income tax returns may soon breathe easier. The CBDT has introduced new ...
The ITAT Bangalore ruled in favor of Mr. Kanana, a landowner, upholding his affidavits and dismissing a tax notice influenced ...
Banks deduct tax deducted at source (TDS) if FD interest exceeds Rs 1 lakh in a particular bank. TDS isn't an extra tax; it ...
Bengaluru, to rectify obvious errors. This move aims to expedite the correction of accounting mistakes, reduce administrative ...
The Treasury Department said in an October report to Congress that participation in the Direct File program was low and the ...
Treasury will end Direct File, an IRS bridge to your bank account.
The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving in 2025 to save taxes.
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