Rs 2 lakh political donation on Rs 7 lakh income: How ITAT viewed the mismatch in tax case (AI-generated image) The Income Tax Appellate Tribunal (ITAT) Mumbai recently rejected a taxpayer’s claim for ...
A Mumbai man's Rs 2 lakh donation to a political party for tax deduction backfired. The Income Tax Appellate Tribunal (ITAT) ...
The Tribunal ruled that collection of fees by an educational trust does not negate its charitable character. Where donations and fees are separately accounted, denial of 80G approval is ...
Michiganders who become organ donors now have an opportunity to claim a $10,000 tax credit for giving the gift of life.
The Tribunal found that the authority misapplied the law by relying on provisions relating to donor deductions rather than approval conditions for institutions. Since the trust fulfilled statutory ...
One of the ways to reduce your liability this tax year is to decrease your taxable income. And the best way to do this is by taking advantage of tax ...
Avoid costly IRS trouble. Learn 13 common tax filing mistakes that could delay your refund, trigger audits, or lead to ...
As Chuck Neely, CEO of Neely’s Accounting in Roanoke says, “It’s Your Money,” and 10 News is working for you to help you get ...
Make tax filing easier by learning which commonly overlooked documents you need to have ready to avoid delays, missed deductions or filing mistakes.
If the proposal is approved, getting an Uber or Lyft to and from the ground transport center will come with a $6 airport fee.
Experts say new deductions, hurdles and provisions could make completing your returns more complex this tax season.
Without a car, a single-mom family can’t be there for school, work, emergencies, health care, groceries, child activities, ...