The Income Tax Act was enacted in the year 1961 and is the statute under which everything related to taxation is listed. This includes levy, collection, administration and recovery of income tax.

The Madhya Pradesh High Court has held that an order passed under Section 148A(d) of the Income Tax Act 1961 is not an ...

Scrutiny assessment which is mainly governed by Section 143 of IT Act is in-depth process used by tax officers to ensure accuracy and compliance in a assessee’s return filled. It is not like regular ...

Section 44AB of the Income-tax Act of 1961 sets the rules for conducting a company or entity's tax audit. The purpose of the tax audit is to verify that the taxpayer has disclosed all relevant ...

(THE CONVERSATION) Although coverage of the 2024 election was dominated by the economy, taxes didn’t get much attention in the run-up to the vote. That’s a bit of a surprise, since 2025 will be a ...

With that in mind, the ad is a mixed bag of accuracy. It refers to Trump’s previous claims to repeal the Affordable Care Act, misleads viewers about "cuts" to entitlement programs that are popular ...

The Tax Cuts and Jobs Act (TCJA) was a major overhaul of the tax code, signed into law by President Donald Trump on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017, by a party-line vote of 51 ...

The income tax act defines Income tax and laws related to income tax. It covers income tax levy, collection, administration, and recovery. Income tax acts and income tax laws get changed/updated from ...

Several of New York's House Democrats are calling on President-elect Donald Trump to follow through on a campaign promise to ...

The Jobs and Growth Tax Relief Reconciliation Act (JGTRRA) was a U.S. tax law Congress passed on May 23, 2003, which lowered the maximum individual income tax rate on corporate dividends to 15%.

Here are the 3 tax-related ballot questions Georgia voters approved. Constitutional Amendment 1: Shall the Constitution of ...

In Pennsylvania’s competitive U.S. Senate race, incumbent Democrat Bob Casey accused his opponent, Republican Dave McCormick, of threatening entitlement programs such as Medicare and Social Security.