A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...

The IRS Direct File program, which lets you prepare and file your federal return for free, is expanding to 24 states for the ...

The Income Tax Department has warned taxpayers that it is mandatory to disclose foreign income and assets by December 31, ...

The author writes "It's generous and admirable to contribute money and property to benefit charities. The most selfless gift ...

The Gisele Pelicot mass rape trial concluded with all 51 defendants receiving prison sentences, sparking public outrage and ...

Ahmedabad: A Sabarmati resident running a private school fell victim to an online stock market investment scam, losing nearly Rs 1 crore. The complainant, who filed a complaint with the Cybercrime ...

The Malaysian Income Tax Reporting System (MITRS) application, which includes the document submission module under Section 82B of the Income Tax Act (ACP) 1967, will be available for taxpayer access ...

ITAT Delhi remanded the matter back to CIT (A) since CIT (A) failed to examined the validity of jurisdiction under section 148 of the Income Tax Act. Accordingly, order set aside and matter remanded ...

ITAT Hyderabad held that once the debt has been written off in the books of accounts as irrecoverable, assessee is not required to prove that the debt had become bad or not. Accordingly, deduction for ...