ITAT Ahmedabad held that exemption u/s. 11 (1) (2) and 11 (1) (a) of the Income Tax Act duly admissible to Rajkot Urban Development Authority (RUDA) since the activities were not commercial in nature.

Recently State Bank of India has cautioned its customers about an a new fraud module where fraudsters posing as Central ...

President-elect Donald Trump's nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax ...

But if collecting funds from wealthy tax dodgers fits the bill, then the IRS shared welcome news in early September. The ...

Double taxation refers to income tax being paid twice on the same source of income. This can occur when income is taxed at both the corporate and personal level, as in the case of stock dividends.

Democrats assailed the recommendations as not providing enough relief to Hoosier taxpayers, and for giving "handouts" to ...