Conclusion: CIT (A) was right in its decision to delete the addition of Rs. 2.92 crore made by AO under Section 69B for alleged undervaluation of closing stock as the books of accounts was not ...

The State Council and Majlis A’Shura in Oman have approved a draft law on personal income tax in the country. The tax ...

While personal loans don’t explicitly offer tax benefits, you can claim deductions if the loan is used for home purchase, ...

India's commitment to green initiatives and its proactive stance in combating climate change have significantly increased the ...

U.K. investors must be mindful of new self-assessment reporting rules going forward. With Bitcoin reaching an all-time high, investors are facing higher capital gains tax ...

As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...

Fisher began working as a church administrator and bookkeeper. A co-worker reported Fisher to the Idaho Falls Police in 2022 after going through the church’s financial books and discovering Fisher was ...

The Idaho Center for Fiscal Policy in a report analyzing the impact of HB 40 determined that for households earning between $55,600 and $91,800 — representing the middle 20% of Idaho income groups — ...

Gov. Greg Gianforte urged lawmakers to advance his proposals for income and property tax cuts in a news conference at the ...

Property taxes on farmland went up a lot in 2023 and 2024. They’ll be going up a lot in 2025, too. The reason is the rise in the base rate of farmland. The reason that’s been rising is the pandemic.

The affordable housing complex Crosswinds at Hudson will be acquired by Galvan Housing Resources as part of an agreement ...

First-time filers sometimes fall into the trap of believing that only full-time, permanent employees have to file and pay ...