News

In a country as unequal as South Africa, failing to implement a wealth tax and improve taxation of income from wealth is not only unjust, it is unsustainable.
Freelancing can be notoriously difficult, but a new tax break might make things easier— that is, if you’re already wildly ...
Range reports high earners must pay quarterly estimated taxes if they owe over $1,000, with specific guidelines to avoid ...
ITAT Mumbai held that depreciation of amalgamating company cannot be disallowed merely for non-filing of Form No. 62 which is only directory. Thus, non-compliance of the same would not disentitle the ...
Income Tax Returns, or ITRs, are annual statements that individuals and businesses must file with the Income Tax Department ...
Avoid income tax notices by understanding frequent errors: not reporting all income, incorrect ITR forms, TDS mismatches, unreported foreign assets, false deductions, high-value transaction oversight, ...
The article discusses a recent decision of the Tax Court that disallows, under the judicially created public policy doctrine, ...
As ITR filing for AY 2025-26 picks up pace, reports suggest the government may delay issuing tax refunds until past ...
Know which income tax return form to choose for your ITR, especially when you earn income from the stock market along with ...
President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, ...