Category : Search result: Beth Britt income


IT Refunds on Hold: Tax Dept Flags Mismatches in ITR Filing

Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.

Disclose Foreign Assets in Revised ITR by Dec 31

Indian taxpayers can still disclose foreign income & assets by filing a revised ITR before December 31. Learn about Schedule FA, FSI, and how to avoid heavy penalties under the Black Money Act.

ITAT Restores NRI Appeal After 621-Day Email Error

Ahmedabad ITAT restores an NRI's tax appeal despite a 621-day delay, citing notices sent to a wrong email address. The ruling highlights the need for accuracy in the faceless appeals process. Read more.

IT Dept's New Campaign for Overseas Assets Disclosure

Income Tax Department launches second NUDGE campaign targeting 25,000 high-risk cases with overseas assets. Taxpayers must disclose foreign assets by Dec 31 to avoid heavy penalties under Black Money Act.

Direct Tax Collection Up 7%, Refunds Down 17.7%

India's net direct tax collection surges 7% to over ₹12.9 trillion for the current fiscal year, while refunds see a significant 17.7% decline. Get the full details on this economic boost.

Court Orders Full SNAP Funding for Low-Income Americans

In a significant legal development, a federal court has mandated the Trump administration to continue full funding of SNAP food assistance program, providing relief to millions of low-income Americans facing food insecurity.

Aishwarya Rai Wins ₹4 Crore Tax Battle

Bollywood icon Aishwarya Rai Bachchan emerges victorious in a significant tax dispute involving foreign income and expense claims. Get the exclusive details about this landmark case.

7 Small Savings Schemes with 8% Guaranteed Returns

Discover 7 government-backed small savings schemes offering guaranteed returns up to 8% annually. Perfect for risk-averse investors seeking stable income and tax benefits in their financial portfolio.

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