The Tribunal held that corpus donations received with specific directions are capital in nature and cannot be included in annual receipts. Since actual receipts were below ₹1 crore, exemption was ...
In many cases, you need receipts to prove you are entitled to a particular tax deduction. Here are some exceptions to that rule you should be aware of.
Shoppers often notice a donation tin placed by the register while paying for groceries. These collection boxes quietly ...
The issue concerns approval of an institution for tax deduction eligibility. The notification grants recognition subject to compliance, enabling donors to claim benefits under Section ...
Wondering how long you should keep your tax returns? Depending on your situation, it could be longer than you think.
Domain Money reports W-2 employees can avoid tax traps in 2026 by strategically managing deductions, retirement contributions ...
Canada (2025 FCA 94) addresses the meaning of a "gift" under the Income Tax Act and the requirements for claiming charitable donation tax credits. The case arose after two taxpayers, Chris Walby and ...
The IRS hasn't gone away — so don’t destroy tax documents until the time limit for an audit runs out, or maybe even longer.
Without a car, a single-mom family can’t be there for school, work, emergencies, health care, groceries, child activities, ...
While CT officials have spoken in support of a gas tax holiday, they also haven’t met to discuss anything and remain focused ...
It took over 24 hours of grinding floor debate, but Democrats in the Washington House approved an income tax Tuesday on households earning over $1 million a year. The state […] ...
Sherwin-Williams supports vocational students, CREF announces career fairs,and industry groups announce new leadership and ...