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Here are the key income tax deadlines which will end in June 2025 related to TDS certificate issuance, advance tax ...
T he Income Tax Department has extended the deadline for the filing of tax returns. Taxpayers filing their income tax return ...
India Implements Comprehensive Tax Framework for Virtual Digital Assets : India has established a formal taxation framework for Virtual Digital Assets (VDAs) like cryptocurrencies and NFTs through the ...
The original appeal filed by Kamla Devi (ITA No. 886/JP/2024) was dismissed ex-parte by the ITAT on July 31, 2024. The Tribunal’s initial order noted the assessee’s non-appearance during the hearing ...
With a rising number of income tax notices being issued post-filing season, taxpayers across India are urged to respond ...
Several key tax compliance deadlines fall in June 2025. Taxpayers, banks, and government agencies must meet these to ensure smooth reporting and avoid penalties.
The accounting rules that you follow when reporting financial results are often different from the rules you follow when preparing income taxes for your business. As a result, the amount of tax ...
The first batch of 2024 income tax refunds worth $27.8 million has been released. The Department of Revenue and Taxation, together with the Department of Administration, announced the release of ...
While a steady flow of payments may sound enticing, REIT dividends come with unique tax consequences for investors. These payments can constitute ordinary income, capital gains, or a return of ...
Getty Images, Chris Hondros / Staff Both capital gains and dividend income ... also tax capital gains. Dividends are usually paid as cash, but they may also be in the form of property or stock.
To relieve the pressure on the outdated international corporate tax system, an ambitious reform was agreed at the Inclusive Framework (IF) on Base Erosion and Profit Shifting in 2021, with now 138 ...