Here is a list of our partners and here's how we make money. Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to lower the amount of ...

More contractor insurance products Former England Footballer Bryan Robson has won the majority of his appeal to the First-tier Tax Tribunal for services provided to Manchester United Football Club as ...

Conclusion- Held that the assessee has actually incurred ‘Construction Expenses’ at Rs.21,28,710/- but due to inadvertent mistake committed while filing the income-tax return has mentioned it as ...

[SMM Analysis: One Month After the Cancellation of Tax Rebates, How Are Aluminum Plate/Sheet, Strip and Foil Enterprises Responding?] According to SMM, after the cancellation of tax rebates took ...

The normal threshold for the tax audit of a business is otherwise Rs 1 crore. "Income Tax Act allows deduction of expenses incurred in a financial year even if it’s actual payment is made in ...