Beyond IT deductions, buyers must consider GST and TDS. Under-construction homes attract GST, while ready-to-move-in ...

The Tribunal set aside a Section 69C addition where subcontract payments were backed by bills, accounts, and TDS compliance. Non-filing of return by the recipient was held insufficient to brand the ...

ITAT Hyderabad held that interest paid on account of delayed remittance of TDS cannot be treated as business expenditure under section 37(1) of the Income Tax Act. Accordingly, order disallowing the ...

Learn how to file taxes for your side hustle, from reporting income and claiming deductions to paying self-employment taxes and avoiding IRS penalties.

In light of recent modifications to the GSTR-9 and GSTR-9C forms, chartered accountants are advocating for a three-month ...

At the end of what was arguably one of the best years for the stock market in more than a decade, investors in any of the 20 top-performing mutual funds of 2024 would have earned a return that nearly ...

Learn how crypto is taxed under the latest U.S. rules. Covers trading, staking, DeFi, NFTs, mining, payments, and new IRS reporting requirements.

Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.