Approximately 90,000 taxpayers have voluntarily withdrawn incorrect deduction claims totaling around Rs 1,070 crores in their ITRs and have paid additional taxes, according to the sources. Under the ...
They said, a list of common employers (TDS deductors) has been identified and tax department would be reaching out to as many persons as possible who are suspected to have claimed bogus deductions ...
Tax Deductions: Here are some expected tax deduction terms you should know ahead of the budget. Union Budget 2025: The Union Budget is a crucial document that gives an insight into the government ...
This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS income tax bill based on taxes you've already paid to state and local ...
Members of the House Freedom Caucus have an idea for lawmakers from California, New Jersey and New York seeking to expand a key tax deduction in negotiations over a sweeping GOP policy bill ...
162(m)(3)(C), added by the American Rescue Plan Act of 2021 (ARPA), P.L. 117-2, that expands the Sec. 162(m) annual deduction limitation for employees paid over $1 million to additional employees. Sec ...
PREM club chiefs could face points deductions - when League bosses lay formal charges for breaching Profitability and Sustainability Rules last season. All the clubs who had posted aggregate ...
As health insurance premiums rise, policyholders must look at ways to leverage tax deductions under Section 80D of the Income Tax Act. This provision, which is currently only available under the old ...
Manchester United and Arsenal have been warned they will be investigated after their players were involved in a 20-man mass brawl - with points deductions previously being dished out as a punishment.
(WJET/WFXP) — Prospect Medical Holdings, a network of hospitals and affiliates across four states, filed for Chapter 11 bankruptcy late Saturday, along with its approximately 60 subsidiaries ...
(WJET/WFXP) — Prospect Medical Holdings, a network of hospitals and affiliates across four states, filed for Chapter 11 bankruptcy late Saturday, along with its approximately 60 subsidiaries ...