ITAT Delhi ruled that additions under section 153A cannot be made without incriminating material specific to the assessee.

The Central Board of Direct Taxes (CBDT) has issued a fresh notification authorising Commissioner of Income-tax at the Centralized Processing Centre (CPC), Bengaluru, to rectify errors and issue ...

Explains when high-volume, systematic trading is treated as business income and highlights major criteria, tax rates, and compliance ...

File photo of Aishwarya Rai Bachchan at Cannes Film Festival 2025. In a significant win against the Income-Tax Department, the Bollywood actor won a ₹4 crore dispute in the Income Tax Appellate ...

Update once, see everything. Excel dashboard, paste new transactions into tables, refresh pivots & optional Power Query ...

With multiple tax compliances due this month, December demands careful attention from individuals and businesses alike. These ...

Capital Gains Tax and Income Tax are both methods by which governments generate revenue, but they target different types of income. Income tax is levied on the regular income of an individual or ...

Over $15.4 million in tax refunds have been released for error-free returns filed on or before March 9. The latest batch includes 4,410 checks and 1,572 electronic payment refunds, the Department of ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Tax deductions reduce your taxable income, potentially lowering what you owe. Itemizing deductions can outweigh the standard deduction if summed deductions exceed it. Tax credits directly decrease ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Vikki Velasquez ...