Mumbai ruled in favor of Sterling Court E Wing Cooperative Housing Society Limited, allowing the deduction under Section 80P(2)(d) of the Income Tax Act, 1961. The appeals were filed for four ...
ITAT Lucknow held that delay of 4 days erroneously calculated as delay of 551 days by CIT (A). Accordingly, directed CIT (A) ...
During tax season, many taxpayers wonder if their donations qualify for tax deductions. It's crucial to understand that not ...
Tax deductions may be an option with your 529 plan, depending on your state. Contributions to your 529 plan aren’t tax ...
Regulators approved higher deductible limits for health plans in 2026, but stressed reforms are needed to tackle ...
What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...
New proposed regulations under Section 162(m) of the Internal Revenue Code would further limit ... across all entities is accurately aggregated and evaluated against the $1 million deduction ...
A delegation from BJP approached the Delhi Chief Electoral Officer, alleging threats from AAP workers. BJP claimed that AAP workers were using intimidation tactics to spread fear among BJP ...
The interest you pay on mortgages, student loans and business credit products is tax deductible, with certain limits ... If the lender forgives or cancels all or a portion of the debt, the ...
Incredible Freestyle Football Stunts That Break All Limits! ⚽ Posted: February 2, 2025 | Last updated: February 2, 2025 Push the limits of what’s possible with these incredible freestyle ...
No hike has been announced in the Section 80C deduction limit in Budget 2025. Deduction under Section 80C of the Income Tax Act is available under the old tax regime only. For the upcoming fiscal year ...
Budget 2025: Finance Minister Nirmala Sitharaman, in her Budget speech today (February 1), announced about doubling limit for tax deduction for senior citizens. "Limit for tax deduction on ...