In a reply to this, the Income Tax Department clarified that there are no changes in refund provisions. The I-T department ...
The language used in the Bill at many places is extremely lucid and is reader friendly as it has tables and formulas as ...
The concept of Previous Year and Assessment Year, thus, were creating confusion in the minds of taxpayers as they represented ...
The Senate plan stops short of eliminating the state individual income tax as the House is proposing. Both would raise taxes ...
Explore overview of Income Tax Bill 2025, major tax reform simplifies laws, enhances compliance, & introduces digital ...
People who lost their homes to Hurricane Helene or California wildfires could get a sizeable tax break to move to Wisconsin.
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in the Lok Sabha on Thursday, February 13, 2025. Once enacted ...
A federal income tax limit of $10,000 on deductions for local property taxes — of interest to NJ residents with high tax ...
Tax season is upon us once again, and while many Americans can look forward to a refund in the coming weeks, that's not the ...
Basic threshold of 182 days or more or 60 days /365 days for an individual to be a resident in India is retained in the New ...
ICMAI advocates for cost accountants to be included in the definition of accountants under the Income Tax Bill 2025.
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India Today on MSNNew Income Tax Bill: Will taxpayers with late ITR filings lose refunds?The Income Tax Act, 1961, does not prevent taxpayers from claiming a refund just because the return was filed after the ...
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