Delhi High Court held that uploading of information by the investigation wing of the Income Tax department would not be a ...

Delhi High Court held that no provision under the Direct Tax Vivad Se Vishwas Act, 2020 [DTVSV Act] empowers Designated ...

The Delhi High Court has held that the provision under Section 153C of the Income Tax Act, 1961 for the Assessing officer of a searched person to record 'satisfaction' and handover ...

The direct tax code 2025 has not yet been implemented in India. It is likely to be introduced in the Budget 2025. Direct Tax Code 2025 aims to replace the Income tax act of 1961 and provide a more ...

The state credit is worth 30% of the credit claimed on your federal income tax return. A permanently disabled person who buys a single-family home with accessibility features (such as a no-step ...

If a tax refund is delayed by more than 45 days, the IRS is legally required to pay interest on top of the refund. While this ...

The 2024-2025 PGP cites proposed regs (REG-124850-08), published May 8, 2024, that provide guidance on information reporting ...

Marko Geber / Getty Images Yes, you can lower your taxable income and your tax bill by opening and contributing to an individual retirement account (IRA). But it depends, first and foremost ...

As pressure mounted on the FBR to resume the grant of NOCs, a directive dated December 16, 2024 categorically instructed ...

However, restrictions could affect how much you can contribute and what you can deduct on your tax return. For example, the amount you can contribute might be lower depending on your income.

Obamacare coverage has exploded in popularity during President Joe Biden's term, fueled by more generous federal subsidies, ...

The Tax Laws Amendment Act 2024 became effective on December 27 ... He was named TUKO.co.ke's best current affairs editor in 2020 and 2021. In 2022 and 2023, he was TUKO.co.ke's best business editor.