ITAT Delhi held that denial of exemption u/s. 11 of the Income Tax Act by invoking provisions of section 13 (1) (c) without any material brought on record to substantiate that salary paid to members ...

The Tribunal held that the assessee had a legal right to request DVO valuation under the proviso, and the AO ought to have referred the matter accordingly. Non-referral was a breach of the statutory ...

Inflation is back on the rise, with a shock jump arriving today. Financial experts gave us their top tips on what you can do ...

A lot of 2024 retrospectives have been based on vibes. Now we have some really good data. Here’s what it says.

Now is the time to start preparing for the next tax season. Begin by marking these dates on your calendar today.

Trump's One Big Beautiful Bill, including a bigger child tax credit, is moving through Congress. See what may be in it for ...

President Trump’s tax-and-spending cut bill centers on an extension of his previous round of tax cuts, which Republicans ...

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

The federal government is phasing out paper checks in favor of electronic payments. What does it mean for Social Security checks and tax refunds?

While Form 16 provides details of your salary, tax deductions, and exemptions, it’s not the only way to file your return.