Under Section 80M of the present income tax law, Indian companies are allowed to deduct dividends received from domestic or foreign companies, as well as business trusts, when these dividends are ...

Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on ...

Gen Xers are relocating to retirement hot spots for better housing, lower prices, and warmer weather, but these areas come ...

Roughly two million qualifying couples are not making use of marriage tax allowance from HMRC, at a time where the new tax ...

The matter primarily pertained to unexplained expenditures assessed under Section 69C of the Income Tax Act for the ...

Bombay High Court, in the case of Amrish Rameshchandra Shah Vs Union of India and others, examined the legality of a service ...

Tax season started on January 27 and will end on April 15, with the IRS expecting around 140 million returns within that ...

Discover the 50/30/20 rule, a simple yet effective method to manage your finances. By allocating your income into needs, ...

Filing your tax return can be daunting, especially if you're new to the process. However, understanding the deductions and ...