The Income Tax Department on Friday released Excel utilities for ITR-2 and ITR-3 forms, which can be used by taxpayers to file ITR on income from Taxable Capital Gains, crypto income, and others. The ...

These expenses are essential for generating revenue; and as such, they can be deducted from your income taxes to reduce your overall tax liability. Common examples of business expenses include: You ...

The megabill that's bound for the president's desk contains tax breaks that could save some Americans - including tipped workers, employees working overtime, car buyers, seniors and certain homeowners ...

Form 2E is a type of income tax return for resident individual/Hindu undivided family not having income from business or profession or capital gains or agricultural income.

Statement of income distributed by a business trust to be furnished under section 115UA of the Income-tax Act,1961. Section 115-UA deals with tax on income of investment fund and its unit holders.

Madras High Court held that ITAT rightly deleted the addition on account of Mutual Fund Promotion Expenditure and Initial Public Offer Expenditure since the said expenses are incurred wholly for the ...

The ITAT Ahmedabad has remanded a case concerning Smasta Gurjar Kshatriya Kadiya Samaj Navsari, stating 80G exemption cannot be denied solely due to a religious object if religious expenditure is ...

Past and current employees who have experienced pay issues because of Phoenix and needed to consult an expert in order to sort out their income tax can submit a claim for tax advisory services in ...

Don’t let the stress of your finances get the better of you. Organize your finances using eight simple steps, including ...

A tax deduction reduces your taxable income and how much tax you owe. You can itemize your deductions or take a fixed amount with the standard deduction.

Rental expenses you can deduct You can deduct any reasonable expenses you incur to earn rental income. The two basic types of expenses are current expenses and capital expenses. For more information ...

Infighting in the Reform UK party in Devon has seen two county councillors and an election agent reported to police by a colleague over election expenses.