Income Tax Dept slapped man with Rs 51.2 lakh penalty over Form 16-based ITR; ITAT steps in (AI-generated image) A taxpayer who claimed a tax exemption based on the details mentioned in his ...

Summary: Form MSME-1 is a half-yearly return under the Companies Act, 2013 requiring companies to report outstanding dues to Micro and Small Enterprises exceeding 45 days from the date of acceptance ...

The government has notified Income Tax Return (ITR) forms for Financial Year 2025–26, effective from 1 April 2026, with certain updates to the old forms. The new Income Tax Act also took effect on 1 ...

The original Apple logo, designed by Ron Wayne. Apple will not officially become a corporation until January 3 the following year. By that time, Wayne is no longer a part of the business. As you might ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

Less than 40 percent of public middle schools say that they are offering computer science coursework. Credit: Allison Shelley for EDUimages The Hechinger Report covers one topic: education. Sign up ...

Researchers at the quantum computing firm Quantinuum used a new Helios-1 quantum computer to simulate a mathematical model that has long been used to study superconductivity. These simulations are not ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Following a pair of thrillers on Thursday and Friday, the Week 1 NFL schedule is set to continue on Sunday The opening weekend features heavyweight matchups like the Lions vs. Packers (-1.5), Jets vs.

Vice Adm. Nancy Lacore, chief of Navy Reserve, is piped aboard during a change of command ceremony where Rear Adm. Luke Frost relieved Rear Adm. Mike Steffen as commanding officer of Commander, Navy ...