Tax Guru2h
Section 10(23C)(iiiac) & 11(2) exemption cannot be denied for Belated Form 10
The core issue was whether the institute was eligible for exemptions under Section 10(23C)(iiiac) and Section 11(2) of the ...
Tax Guru53m
Govt. Funded ITI Entitled to Section 10(23C)(iiiab) Tax Exemption: ITAT Pune
Institute Management Committee of Government ITI Peth Vs ITO (ITAT Pune) Income Tax Appellate Tribunal (ITAT) Pune allowed an appeal filed by the Institute Management Committee (I ...
New Income Tax Bill
Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...
New Income Tax Bill 2025 Highlights: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
The Taxpayer Assistance And Service Act: IRS Efficiency And Taxpayer Rights
The TAS Act aims to modernize the IRS, has bipartisan support and open for public comment until March 31, 2025.
Investopedia15d
What Is the Tax Cuts and Jobs Act (TCJA)?
The Tax Cuts and Jobs Act ... 10% standard rate of return is below 13.125%, the law taxes these excess returns at 21%, after a 50% deduction and a deduction worth 37.5% of FDII. This excess ...
Investopedia21d
Ordinary Income: What It Is and How It’s Taxed
Daniel Liberto is a journalist with over 10 years of experience ... lower rate than that for ordinary income. The Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) reduced the tax ...