Ensure that you choose the right form, do not omit any source of income and claim deductions only if you can furnish proofs ...

The Income Tax Department notified the ITR forms for FY25 earlier than usual, giving taxpayers more time to understand which ...

Missing TDS on rent over ₹50k? It's a costly slip. 'A small deduction today avoids a big problem tomorrow,' says a tax expert ...

Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Families make 18,000 reclaims for overpaid inheritance tax in three years, often due to a decline in property prices. We explain how to claim an IHT refund ...

How British F-35 fighter jet might be dismantled, parcelled to UK from Kerala ...

Your heart is in the right place, but you need donations. And naturally, you think starting a nonprofit is the way to go. You ...

Important Form 851 and supporting documentation for each entity need to be attached to Form 1120, which is the U.S. corporation income tax return form.

Independence Day legislation includes permanent full expensing for new and used aircraft used in business operations ...

From increased deductions on mortgage interest to more incentives for low-income housing construction, the 'Big Beautiful ...

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...