ITAT Hyderabad directed to reconsider claim of concessional tax rate benefit u/s. 115BAA of the Income Tax Act since Form ...

A leading marijuana industry association has released a report calling on Congress to treat cannabis businesses like other ...

ITAT Ahmedabad held that delay in furnishing Form No. 10B is procedural lapse hence it cannot be sole reason for denial of exemption under section 11 of the Income Tax Act. Accordingly, delay in ...

Last year, Americans reported losing more than $12.5 billion to fraud. The biggest losses resulted from scams that started ...

About 350K workers who filed for unemployment insurance benefits as far back as March 2020 must return benefits, Michigan's UIA said.

Stimulus check rumors of a $1,390 direct deposit relief payment or a new $1,400 check amount in August for low and middle income taxpayers to be distributed this summer by the IRS, have been debunked ...

In 2017, nearly four months after the Goods and Services Tax came into effect, Rahul Gandhi, the Congress vice-president, criticised the GST, calling it BJP’s Gabbar Singh Tax. Addressing a rally in ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...

When filing your Income Tax Return (ITR), one of the most common questions taxpayers have is: Which form should I use, and how can I maximize my tax savings? If you have income from house property, ...

ISLAMABAD: The Federal Board of Revenue (FBR) has released a simplified electronic income tax return form for individual taxpayers for the tax year 2025. The final form was notified through SRO1561 of ...

THE FBR’s initiative to roll out the long-promised simplified electronic income tax return form for individual taxpayers must be commended. The final interactive form is said to have been released ...

Here's a list of documents you need while filing your ITR for FY 2024-25 (AY 2025-26). While filing an ITR, you should gather all your relevant documents in advance. These documents are: Details of ...