JCIT (A) upheld the CPC’s action, stating that under section 115BAC, once the option for the new regime is exercised, it cannot be withdrawn for the current year, only for subsequent years. However, ...
The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.
Moreover, the tribunal addressed the issue of immunity sought by DACSS Granites Pvt. Ltd. under Section 270AA (2) of the Act. Despite a belated filing of Form-68 for immunity, the ITAT referred to ...
The main way to reduce your bill at the last minute is to make sure you are claiming all reliefs and allowances you are ...
Those who have registered for a self assessment tax return are sent a unique tax reference number (UTR) by regular mail, ...
Many crypto investors have seen gains stretching above their capital gains tax allowance making them liable to the taxman.
HM Revenue and Customs (HMRC) warned that 3.4million people were yet to submit their completed self-assessment form for ...
This year's deadline is for the 2023-24 tax year, and HMRC warns that if you miss it, you could face an initial late filing ...
MILLIONS more people are set pay income tax this year thanks to below inflation increases in the personal allowance. But ...
Navigating the NRI taxation and double taxation avoidance treaties can be daunting. Here is a guide to maximizing tax ...
Millions of people have still not filed their online self-assessment tax returns for which the deadline is midnight, meaning ...