Bhakt Samaj Vikas Education Trust Vs ACIT (ITAT Ahmedabad) Income Tax Appellate Tribunal (ITAT) Ahmedabad has ruled in favor of Bhakt Samaj Vikas Education Trust, allowing its claim for exemption ...

India News: NEW DELHI: The Income Tax Appellate Tribunal Tuesday rejected an appeal from Congress against the I-T department for withdrawing a tax exemption to th.

In a shocker for the grand old Congress party, the Income Tax Appellate Tribunal (ITAT) has refused to grant exemption on income tax on donations worth ₹199 crore.

Facing errors in your Annual Information Statement (AIS) while filing ITR for AY 2025–26? You’re not alone. The income tax department has shared a step-by-step guide to help taxpayers submit ...

Amid a federal overhaul of student loan plans, many borrowers have been left wondering what it means for their hopes of loan forgiveness ...

Madras High Court held that adjusting entire demand raised against refund due even during pendency of appeal is without jurisdiction. Accordingly, department directed to refund balance amount with ...

The Income Tax Department is cracking down on fraudulent tax deduction claims, including those under sections like 80GGC, 80E, 80D, 80EE, 80EEB, etc. Taxpayers who have made incorrect claims can ...

Will you get any benefit from tax break on OT, tips in New Jersey? What the big beautiful bill means.

Congress Passes Tax Bill: New Public Finance Provisions for Spaceports, NMTC, Low-Income Housing, and Endowment Tax by: Solomon Cadle, Vanessa Albert Lowry, Louis Couture of Greenberg Traurig, LLP ...

The sweeping domestic policy bill that passed the House on Thursday will boost the standard deduction for senior citizens by $6,000 from 2025 through 2028.

TaxWatch Will Trump’s megabill cut your taxes? Check this number on your tax return for the answer. Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at ...