The Kerala High Court stayed tax recovery against a co-operative bank, directing the NFAC to expeditiously decide the Section 80P deduction appeal. The ruling requires the appellate authority to ...

The Madras High Court held that delay in filing Form 10B required under Section 44AB for the purpose of Section 12A(1)(b) of ...

ITAT Pune reaffirmed that 15% accumulation permitted under Section 11(1)(a) must be computed on gross receipts. Revenue’s argument restricting it to surplus was rejected, relying on consistent rulings ...

Publicly-owned utility wildfire plans tend to be much less intensive and cheaper, according to the Pritzker brief, and, ...

Recent tax changes, including an extra $6,000 deduction for those 65 and older, present a golden opportunity for retirees to ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.

Discover eight often-missed tax deductions for homeowners that could help reduce your tax bill and make homeownership more affordable.

Tax advisors say wealthy Americans should consider ramping up charitable donations before the end of 2025 to take advantage ...

Filing taxes can feel overwhelming, but one of the most important decisions you'll make is also one of the simplest: whether ...

Entrepreneurs and high-net-worth individuals will experience a win from the extended reduced rates on pass-through entities, ...