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IRS Updates Earned Income Tax Credit for 2025: More Families Eligible for Higher Credits
The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for ...
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Interest from co-op banks ITAT Mumbai Allows Section 80P(2)(d) Deduction to Housing Society
Mumbai ruled in favor of Sterling Court E Wing Cooperative Housing Society Limited, allowing the deduction under Section 80P(2)(d) of the Income Tax Act, 1961. The appeals were filed for four ...
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Refunds delayed for taxpayers claiming Earned Income Tax Credit
The EITC helps low-to-moderate income workers and families get a tax break to reduce the taxes they owe or possibly receive a ...