Aishwarya Rai Bachchan won her income tax case after ITAT Mumbai removed a Rs 4 crore disallowance raised by the department. The tribunal said the assessing officer failed to justify the additional ...
Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.
Aishwarya Rai Bachchan secures a favourable ruling in a high-profile income tax case, as ITAT Mumbai overturns a Rs 4 crore tax disallowance relating to exempt income claims and clarifies procedural ...
Rule 8D of the Income Tax Rules prescribes a specific formula-based approach to quantify the disallowance under Section 14A, ...
As established in Maxopp Investment Ltd. v. CIT (2018) 402 ITR 640 (SC), the AO must provide reasons before invoking Rule 8D ...
Are you looking to turn your small savings into a substantial corpus? If so, the Post Office Recurring Deposit (RD) scheme ...
On October 28, 2025, Florida filed a motion for leave to file a bill of complaint in the United States Supreme Court challenging California's business income tax apportionment regulation, alleging it ...