Madras High Court held that a trust’s legitimate tax exemption cannot be denied merely for delay in filing Form 10B, directing the Assessing Officer to allow benefits under Section ...

ITAT Delhi held that assessments for A.Ys 2011–12 and 2012–13 were invalid since they fell outside the ten-year block reckoned from the date of receipt of seized material. The Tribunal followed CIT v.

When NRIs invest in real estate, their tax obligations are largely similar to resident buyers, but with added compliance requirements under the IT Act and FEMA | Real Estate News ...

Imagine this hypothetical scenario: Lorin, a 42-year-old market researcher at a firm who also started his own business, hates ...

Millions of American move to a different state each year but don't update their estate planning documents. That's a mistake, ...

The IRS is pulling the plug on one of its most popular pilot initiatives just as millions of Americans prepare for the 2026 ...

Failure to take your RMD before the deadline results in an excise tax penalty equal to 25% of the amount not withdrawn. Prior ...

Due to the uncertainty surrounding the government shutdown, New Yorkers are wondering if they will receive their inflation ...

Godman Asaram Bapu, who has secured a six-month suspension of sentence in a rape case, allegedly amassed ill-gotten wealth in ...

Discover 10 types of income the IRS won't tax in 2025, from certain investments to unique benefits, and learn how to legally keep more of your money this year.

UK households receiving specific benefits are being handed a £130 cost of living payment in November, with more money from ...

Up to 7,200 euros benefit for families with children - Half a million taxpayers “checked” the new measures on the "Taxcalc 2025" platform ...