On perusal of the Intimation order u/s 143 (1) of the Act dated 01.12.2023, it is observed that the claim of tax relief of Rs.34,09,987/- Under Section 90/90A of the IT Act was disallowed.

The MDR typically comes in the form of a percentage ... amendments in Section 10A of the Payments and Settlement Systems Act, 2007 and Section 269SU of the Income-tax Act, 1961.

The Income Tax Department every year enables new forms, updates existing ones and launches Excel utilities to help taxpayers file their income tax returns in a smooth and hassle-free manner.

The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala Sitharaman said on Tuesday. Replying to the discussions on the Finance Bill ...

Moving to a state with no income tax comes with trade-offs, however, often in the form of higher sales, property or excise taxes: Tennessee's 9.56% combined sales tax rate is the second highest in ...

IRS Form 941, also known as the Employer's Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, Social Security, and Medicare taxes withheld from their ...

As 2025 tax deadlines approach, Lowcountry residents are getting their paperwork in order to file their personal and business ...

Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for the free edition.

Annual gross income Think of this ... that you’re having too much tax withheld from your paycheck and living on less of your earnings all year. You can use Form W-4 to reduce your withholding ...

Maximize Your Tax Savings Before March 31st The last date for investing to save income tax (Tax Saving Planning) is fast ...