Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...

The AO initially passed an assessment order, making additions related to transfer pricing adjustments and disallowance under Section 14A. Subsequently, the assessment was reopened under Section 147 ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

The Laken Riley Act, as the law is known, directs the authorities to detain and deport immigrants who are accused — not yet convicted — of specific crimes, if they are in the country illegally.

The median income for middle-class Americans rose at an average rate of 1 ... Tax Reform to Combat Inequality.” The White House, Biden Administration Archives. “FACT SHEET: The Inflation ...

electing to file a tax return under section 216 of the Income Tax Act Non-resident's investments in Canadian mutual funds Non-resident's investments in Canadian mutual funds, withholding tax, ...

Subsequently, the assessee filed a revised return admitting total income at Rs. l,54,57,78,798/- with a tax liability of Rs. 35,26,36,341/- and accordingly claimed refund of Rs. 19,09,070/-. Original ...

FreshSplash / Getty Images Ordinary income is income ... “H.R.2—Jobs and Growth Tax Relief Reconciliation Act of 2003: Summary.” Congress.gov, U.S. Congress. “H.R.1—An Act to Provide ...

Here’s a comprehensive guide to the key deductions available under the old tax regime: Section 80C is the most popular avenue for tax savings, allowing a maximum deduction of up to Rs 1.5 lakh ... the ...