Kavita Samtani, a business owner running a beauty salon, appealed against five assessment orders stemming from a search and seizure operation on March 29, 2018. The search targeted her residential ...

Net sales decreased 3.9% to $426.8 million in Q4 of fiscal 2024 and increased 3.9% on a normalized basis, compared to Q4 of fiscal 2023. The sales decline attributed to the additional week in Q4 2023 ...

ITAT Visakhapatnam held that revision u/s. 263 quashed as AO already disallowed the claim of depreciation while framing assessment and assessed income at NIL due to proper application of funds.

for FY 2023-24: Companies, including both Indian and foreign. All taxpayers whose accounts have to be audited under any law ...

File your income tax return if you are liable to submit a tax audit report. The deadline for ITR filing is November 15, 2024 ...

Its payouts have increased by 71% in the past decade, and it currently offers a forward yield of 2.96%, higher than the S&P 500's average of 1.32%. Merck remains a reliable income stock to hold ...

Most taxpayers with simple tax returns claim the standard deduction, which reduces their taxable income. If you receive your wages solely from an employer as a W-2 employee, the standard deduction ...

The taxation of equity mutual funds depends on the type of fund and the holding period. Similarly, the taxation of Debt ...

As of Aug. 21, 2024, the IRS had collected over $4.08 trillion in receipts, of which individuals contributed $2.04 trillion ... first federal income tax by signing the Revenue Act on Aug. 5 ...

The Jobs and Growth Tax Relief Reconciliation Act (JGTRRA) was a U.S. tax law Congress passed on May 23, 2003, which lowered the maximum individual income tax ... for GDP to be 2-3%.

Do I always have to pay tax on my income ... 24. The personal allowance is the same for everyone in the UK, but it is reduced if you earn more than £100,000. If your salary is above £100,000, your ...

People are being advised to look at steps they can take over their savings and investments - including ISAs - with just 24 hours until the ... their finances from any tax rises or policy changes.