Taxpayers who donate to charitable organisations can claim tax deduction under Section 80G of the Income Tax Act, 1961. To ...

The Tribunal set aside cancellation of charitable registration after finding lack of proper opportunity and consideration of submissions. Fresh adjudication was directed in line with natural ...

HC upheld Section 10A deduction after finding that STP unit was a new undertaking with fresh investment and infrastructure. It ruled that unit was not formed by splitting up or reconstruction of an ...

In a landmark decision on November 19, 2025, the ITAT Hyderabad ruled that severance packages is to be classified as taxable income under profits in lieu of salary for all terminated employees. The ...

Eligible Maine taxpayers may receive a portion of the property tax or rent paid during the tax year on the Maine individual income tax return whether they owe Maine income tax or not. If the credit ...

The Income Tax Department is gearing up for the new and simplified Income Tax Act, 2025, which will come into effect from April 1 next year. CBDT Chairperson Ravi Agarwal recently said that the ...

Form 10AB is an application submitted by charitable or religious trusts and institutions to the Income Tax Department to provide details about their activities, compliance, and genuineness. It is ...

PHOENIX — Arizona Gov. Katie Hobbs wants to amend the state's tax forms ahead of the forthcoming tax season. Hobbs announced Thursday she had signed an executive order that instructs the Arizona ...