ITAT Delhi ruled that validly filed Form 10-IC ensures eligibility for Section 115BAA concessional tax rate. Key takeaway: timely filing secures lower corporate tax in subsequent ...

The Court condoned a 31-day delay in filing Form 10B after finding the reasons bona fide and linked to COVID-19 disruptions. It set aside the rejection order and directed reprocessing of the return ...

Expert explains that salary slips hide key tax details like non-exempt allowances, differences in taxable income, unlisted ...

TAXPAYERS in Cebu are given until October 31 to file returns, pay taxes and submit the required documents after the Bureau of Internal Revenue (BIR) extended deadlines in the wake of the 6.9-magnitude ...

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

With AMD’s powerful Ryzen AI 9 processor, Nvidia’s RTX 5070 GPU, and a design built for easy upgrades, the Framework Laptop ...

Several years ago I was happily divorced. Checking in with an old friend, a woman I’d known in high school and college, the ...

Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...

We often think that Form-16 is only used for filing tax returns. Most employed people receive it every year from their ...

The simplest way to avoid an income tax notice is to file your Income Tax Return (ITR) before the due date. Make sure the ...

A person becomes a resident under FEMA once they return to India for employment, to start a business or profession, or with the intention of staying in India for an indefinite period.

The IRS recently announced some changes to standard deductions and tax brackets. It's important to understand the new tax rules so you don't pay more to the IRS than you need to. The new rules will ...