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The GOP's 'One Big Beautiful Bill' proposes a new $6,000 deduction for seniors over 65, aiming to ease tax burdens on Social ...
Barring ITR-1 and ITR-4, the income tax department has yet not released the excel utilities of other income tax forms. Although the last date to file income tax return is still three months away ...
Income shifting by multinational firms has been researched extensively, yet few studies have examined foreign-owned businesses shifting income out of the United States. In a new study, Jim ...
Is this guide for you? This guide will help you complete your 2015 income tax and benefit return. It is important to use the forms book for the province or territory where you lived at the end of the ...
Filing Income Tax Return (ITR) by salaried taxpayers Form 16: It is a TDS certificate issued by an employer to an employee. It is proof that the employer deposited the tax with the tax authorities.
Form 26AS is an annual tax credit statement reflecting all taxes paid to the government against your PAN. It reflects TDS on salary, interest income, sale of property, advance tax payments, and ...
To avoid Income Tax Department notices, taxpayers should file error-free returns, especially with the extended deadline to September 15 due to Budget 2024's ITR form modifications. Common mistakes ...
Anna-Louise Jackson Sun, May 25, 2025, 9:59 PM6 min read If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses.
Check out THESE easy alternative documents The Income Tax department has now notified all seven forms for taxpayers — with most salaried individuals required to submit the details by July 31.
The CBDT has notified all seven Income Tax Return (ITR) forms for AY 2025-26, incorporating new capital gains rules. This update aligns with the Union Budget 2024 rules on capital gains tax ...
Taxpayers can now file their returns for FY 2024–25 using the latest ITR forms notified by the Income Tax Department. Forms ITR-1 to ITR-5 are already available, with updated eligibility rules ...
Financial-Literacy News: The CBDT has released ITR forms 1 and 4 for the financial year 2024-25, applicable for income earned from April 1, 2024, to March 31, 2025. A key chan ...