As FY 2024-25 ends, ITR season 2025 starts in April. Suresh Surana advises finalizing tax-saving investments, submitting ...
Principle of Substantial Justice V/s Technical Consideration – Not Condoning Delay Would Amount to Legalising an Illegal ...
ITAT Mumbai held that change of method of accounting from mercantile to cash system for recording interest income on loan due to financial distress at the end of borrower is justifiable and legitimate ...
The income tax department will check and match your current income tax return filed with the previous year's ITR from next ...
Choose the appropriate ITR form. Enter all the details that are necessary, including your income details, deductions and tax payments. Cross-check the details with Form 16 and Form 26AS to ensure ...
The United States federal income tax is levied by the Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities. Federal income taxes for ...
If you purchased a health insurance policy or paid the renewal premium in FY 2024-25 (AY 2025-26) then you can claim tax deduction under Section 80D. You need to keep the policy document handy and ...
From April 1, 2025, the new income tax return filing ... the Form 26AS, and the Annual Information Statement (AIS), which collectively provide a comprehensive view of the individual's financial ...
Form 26AS – This consolidated tax statement available on the income tax department’s portal provides details of TDS credited to your PAN. Annual Information Statement (AIS) – Offers a detailed view of ...
Taxpayers often need to check their TDS status. In such a situation, they can easily check TDS from home. Under TDS, the government keeps some percentage of the money with itself. This tax is ...
Tax Deducted at Source (TDS) is a system implemented by the government to collect taxes at the time of transactions. A ...
And President Trump will probably not remove taxes on Social Security income. Credit...Nicolas Ortega Supported by By Ron Lieber and Tara Siegel Bernard Seven of these tax issues affect Ron Lieber ...