Ahmedabad dismissed the Revenue’s appeal in the case of ACIT vs. Kiri Industries Ltd. for the Assessment Year 2016-17, affirming the Commissioner of Income Tax (Appeals) [CIT(A)]’s decision to allow ...

Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.

Disclosures: TurboTax Free Edition is for simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Roughly 37% of filers qualify.

Deductions can make the difference in your tax refund amount. Here's what to know about tax rates for year 2024, how to track your refund, and more.

When you sell a home, you'll need to pay taxes on the amount of money you earned on the sale as capital gains. However, if you live in the home for two of the previous five years before selling, you ...

The ITAT ruling highlights the importance of proper income assessment and ensures that CPC errors do not lead to unjust taxation. With this decision, the assessee’s appeal was partly allowed, ...

As the 2025 tax season unfolds, the IRS has introduced several updates to the Form 1040, the cornerstone of tax filing for ...

In Connecticut, the deadline to file state and federal tax returns is April 15. Here's how to file for free, and who's ...

To include more taxpayers within the income tax framework, the scope of Tax Deducted at Source (TDS) and Tax Collected at ...

Federal tax credits are recorded on Form 1040 Schedule 3-- most also require a specific ... as a fraction of your total US tax liability, depending on total foreign and domestic income. To claim the ...

To file federal income taxes, fill out a Form 1040 online or mail a paper form ... A W-2 form reports your total wages for the year and any taxes withheld from your paycheck.