Under the FIFO method, the securities credited first to a demat account are considered the first to be sold. Taxation of ...
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Many taxpayers are worried as ITR refunds face unusual delays this year. CBDT Chairman Ravi Agrawal explains the reasons ...
It’s also worth noting that even with income tax revenue, the federal government still spent far more than it brought in: ...
The Court held that interest paid for delayed Agricultural Income Tax cannot be deducted under Section 37. Since AIT itself is not deductible, the related interest also fails eligibility. The ruling ...
A good number of people end up retiring with more than just Social Security to fall back on. And that’s a positive thing, ...
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Amendments to landmark tax legislation passed without objection in the House of Assembly on Friday. MPs from both sides of ...
Speaking to U.S. military service members last week, Trump floated the idea of eliminating income taxes entirely, funded by ...
Taxpayers who make frivolous arguments in Tax Court risk the imposition of penalties by the court of up to $25,000.
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Hidden tax trap: Why your savings interest could be costing you more than you think
In a recent podcast, Lewis explained that a common misconception about when savings interest becomes taxable is at the heart ...
TransDigm shows earnings volatility, premium valuation, margin pressure, rising costs, and stretched P/E. Learn why TDG stock ...
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