ITAT Mumbai held that the cash deposited is out of the gross receipts and that once gross receipts are disputed then no addition is sustainable under section 68 of the Income Tax Act. Accordingly, ...

Scottish taxpayers are subject to different income tax rates after ... accounts in our savings tables, an account must give you easy access to your money and come with no hidden catches.

House Republicans have included a proposal in their tax bill to provide a $4,000 deduction for individuals ages 65 and up. Here’s what it may mean for retirees.

Plan your investment and save tax with this handy interactive tool ...