Financial woes often stem from lifestyle inflation, peer pressure and poor money management rather than income. Prioritising ...
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Do clubbing provisions apply to rent credited to a son's account for property owned by his father?
Today’s Ask Wallet Wise explains how to report such an income in tax returns when the property is owned by the father but the ...
William Christopher Womack, owner of InTents Services LLC, admitted to underreporting his earnings from 2019 to 2021 while collecting Social Security payments.
Delhi High Court held that seized amount is prima facie proceeds of crime and not lawful income hence to treat such amounts as taxable income recoverable by the Income Tax Department, prior to the ...
In light of this directive from the National Board of Revenue, every taxpayer must now file their return through the platform ...
Taxpayers are eligible to receive an inflation refund check for the tax year 2023 if they filed form IT-201, the New York ...
The post Millions Of New Yorkers Begin Receiving Inflation Refund Checks — Here’s How Much Residents Are Getting Back ...
The International Monetary Fund (IMF) expressed serious concerns over Pakistan’s failure to meet tax collection targets and ...
The deadline for filing income tax audit reports is October 31, 2025, for eligible taxpayers, who must use forms 3CA, 3CD, ...
On a plain reading of the statutory provisions, there exists no express bar either in Section 87A or Section 111A for denial ...
What Is an ITR? An Income Tax Return (ITR) is a form used to declare your gross taxable income, deductions, exemptions, and taxes paid for a specific financial year. It determines your net tax ...
The CBDT has extended the income tax audit report filing due date to October 31, 2025, prompting debate on whether the ITR filing deadline for audit cases will also be extended to November 30, 2025.
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