Tribunal held that filing of Form 10B is a procedural requirement, not a mandatory condition for exemption under Section 11, allowing relief to a charitable trust despite a four-day delay in uploading ...

Reversing lower authorities, ITAT Ahmedabad ruled that the assessee proved genuineness of loans and interest payments, allowing deduction under Section 57 of the Income Tax ...

Your tax filing status—single, married, or head of household—can affect how much money your employer withholds from your ...

The Chancellor may have to find up to £30billion in tax rises or spending cuts in the Autumn Budget. The Office for Budget Responsibility is expected to downgrade its forecasts for future productivity ...

ITR Refund Status: The Income Tax Department has started crediting ITR Refunds to bank accounts of eligible taxpayers who filed their ITRs on time. However, many taxpayers have complained that they ...

The Internal Revenue Service has announced new tax inflation rates, standard deductions and new federal income tax brackets for 2026 — and the adjustments may surprise you. While the tax rate ...

Due to funding lapses, the IRS will begin an agency-wide furlough on October 8, though core operations related to filings and payments will remain active, according to a spokesperson. Now, only 39,870 ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

The IRS released the new federal income tax brackets and standard deductions for 2026. Here's what to know about the new tax rates and how the changes will affect you. New IRS updates announced on ...

The IRS is adjusting income limits for federal tax brackets to account for inflation — but the relief could be short-lived or even vanish entirely. Further rising prices for everyday goods threaten to ...

The IRS has released the new income limits for federal income tax brackets for the tax year 2026. The brackets you fall into determine how much you owe at tax time. For 2025 returns, which will be ...

Income Tax officials conducted raids on Confidence Petroleum and Confidence Futuristic in Nagpur and Mumbai over suspected licensing and compliance violations linked to LPG and CNG operations. No ...