ITAT Agra deleted additions on gifts received from real sisters, holding that when identity, genuineness, and creditworthiness are proven, Section 68 cannot apply to family gifts made out of natural ...

Are mutual funds considered capital assets? Can these be gifted without attracting any capital gains tax? My mutual funds are ...

Tavia Hunt commissioned Anita Ivancevic and her company, Dallas Gift Wrap Creations, for the colorful, Swift-inspired ...

The Income Tax Appellate Tribunal ruled in favor of a taxpayer, stating that gold jewelry seized during a search could not be ...

AUSTIN (KXAN) — After Austin City Council signed off on its Fiscal Year 2025-2026 budget and tax rate, you’ll head to the ballot box to give a thumbs up or down on a property tax hike — called ...

For more than two decades, US money managers have looked on enviously as Vanguard Group reaped the benefits of a unique structure that grafted the advantages of an ETF onto its biggest mutual funds.

The growth of cryptocurrencies has brought new opportunities for investors and traders, but it has also introduced tax complexities that many struggle to navigate. Unlike traditional assets, crypto ...

Have you ever had to pay your local government for the wheels on your car? Local governments use wheel taxes to bring in more revenue to help fund public infrastructure projects. While not all ...