The issue was whether accumulated income could be taxed merely because it was not spent exactly for the purpose stated in Form-10. ITAT Delhi held that as long as funds are applied toward charitable ...
After working in Dubai for 20 years Man used Rs 2 crore savings to buy Mumbai property; Tax dept sent notice; he wins case in ...
ITAT Ahmedabad rules that a charitable trust’s exemption under Sections 11 and 12 cannot be denied due to a technical mismatch in reporting new 12AB registration in the ITR. The substantive validity ...
In a landmark decision on November 19, 2025, the ITAT Hyderabad ruled that severance packages is to be classified as taxable ...
Taxpayers can now claim new tax regime benefits even if Form 10IC is filed late. The ITAT Mumbai ruled that technical errors ...
The notice provides an optional interim simplified method of determining whether a corporation is an applicable corporation for purposes of the corporate AMT and relief from the Sec. 6655 penalty for ...
October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions of Americans unknowingly leave money on the table every year. In fact, the ...
Gov. Kim Reynolds said Tuesday that a property tax freeze for seniors is “one of the things” her campaign is looking at as it devises how to reduce property taxes in the state. Reynolds also spoke ...
PHOENIX — Arizona Gov. Katie Hobbs wants to amend the state's tax forms ahead of the forthcoming tax season. Hobbs announced Thursday she had signed an executive order that instructs the Arizona ...
Walmart has updated its return policy ahead of the holiday season. Under the new rules, most items purchased in-store or online from October 1 through December 31 are returnable until January 31.
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