Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...

It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so ...

The Income Tax Department has released revised Excel utilities for ITR Forms 2 and 3. Additionally, the department has ...

To claim the Section 87A rebate, taxpayers must manually update the tax rebate column in the ITR Excel utility. After editing ...

Submitting tax-saving proofs on time not only reduces TDS but also streamlines your tax compliance. While the new tax regime ...

Taxpayers remain unable to claim the Section 87A rebate on STCG income due to outdated ITR processing logic, even after ...

Here's how Miami Dolphins' star WR Tyreek Hill indicated he might be DONE with the team!

The income tax rules have changed in recent years. Due to this, not all salaried employees now have to submit investment and ...

As Budget 2025 nears, more changes to the New Tax Regime are expected to simplify taxes and benefit salaried employees and pensioners.

Overall tax revenues grew by over 10% in 2024 when not considering the “distorted” Apple payout, the Irish government said ...

Conclusion: The matter was remanded back to AO to review the non-taxability of interest from Fixed Deposit Receipts (FDRs) as ...

ITAT Ahmedabad held that interest received by co-operative society from SBI, which is a Nationalized Bank, is not allowable as per the section 80 (P) of the Income Tax Act. Accordingly, AO directed to ...