ITAT Chennai held that exemption under section 11 of the Income Tax Act is allowable inspite of certain errors while filing form 10B since the claim is supported by audited financials, revised audit ...

Lawmakers held legislative hearings last week on bills on property tax reform, which their sponsors say would provide Iowans with an estimated $426 million in tax cuts over five years.

Income-tax Bill, 2025, aims to replace the existing Income-tax Act, 1961, effective from April 1, 2026, whereas the Finance Act, 2025, applies from April 1, 2025, for the assessment year 2025-26. The ...

You can apply online or on paper. Apply on paper only if you’re not eligible to apply online. Don’t apply both ways. The fees are the same to apply online or on paper: Adult (18 or older): $630 ...