In the matter heard by the ITAT, the Singapore tax resident had declared capital gains of Rs 88.75 lakh from debt mutual funds and Rs.46.91 lakh from equity mutual funds in 2021-22. In her I-T ... at ...

In its order dated April 9, 2025, the Special Bench ruled in favor of the slab-based surcharge ... 16,24,880/- for Assessment Year 2021–22. The Income Tax Department had levied surcharge under the ...

However, the Income Tax Department, in its assessment, treated the trust’s rental income as business income and applied the maximum marginal tax rate ... for AY 14-15 iv. Order u/s 143(3) for AY 16-17 ...

The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate. If the investment ... Abhishek ...

Determine your estimated retirement corpus and monthly pension under the National Pension Scheme ...

All capital gains (STCG & LTCG) are taxed as per the investor’s income tax slab rate. • Holding period classification (short vs. long) is no longer relevant from FY 2023-24 onwards.

the Income Tax Department has officially notified the Income Tax Return (ITR) forms 1 and 4 for the assessment year (AY) 2025-26. These simplified forms are designed for individuals and entities ...

The trade body also called for reducing the highest income tax rate for the top income slab from 30 percent to 25 percent.

Investopedia / Candra Huff A marginal tax ... from a 22% to a 24% bracket doesn't mean all income is suddenly taxed at 24%-only those dollars earned above the threshold face the higher rate.

ABINGDON, Va. (WCYB) — A change in the property tax rate was announced for Abingdon, but News 5's Natalea Hillen found out unlike some communities, this is good news for residents. At the end of ...

Time is running out, but if you haven’t filed your 2021 tax return, you may still be eligible to receive a refund. The Internal Revenue Service says more than $1 billion in unclaimed tax refunds ...