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Subros Educational Society, (2018) 96 taxmann.com 652 (SC) in deciding that the set off of accumulated deficit is allowable. Assessee filed its return ... Commissioner of Income Tax(A)/NFAC, New Delhi ...

She has been instrumental in tax product reviews and online tax calculators to... Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then ...

Tax credits A benefit that lowers your taxes owed by the amount of the credit. This calculator assumes credits entered are nonrefundable. Many, or all, of the products featured on this page are ...

directly into the tax brackets and rates. Oyedele explained that this simplification would make it easier for taxpayers with basic education to calculate their taxes independently. Statutory ...

Keeping track and tallying up all of those costs can be burdensome, so the IRS offers an alternative calculation ... depreciation — or the decrease in the property's value — on their tax ...

It's almost that time of year; tax season is nearly here ... Here's what you should know about net pay, what it is, how to calculate it and the difference between gross pay and net pay.

GST on selling old cars FAQs: The rate hike in the Goods and Services Tax (GST) on used cars has become the talk of the town after the GST Council, in its last meeting, prescribed a single rate of ...

TAXtv’s Giles Mooney and Tim Good are back after the summer months to look at two questions from the pages of Any Answers. The first concerns whether dog-grooming training expenses are allowable and ...

Expenses like a home office, car, insurance, and even your education bills could get you a big tax break Fact checked by Suzanne Kvilhaug Self-employed people have extra costs that they have to bear ...

Depreciation applies only to the buildings, not the land. The tax treatment of income and losses depends on your level of involvement in the rental property. Personal expenses, fines, fees ...