Are IRS Penalties Tax Deductible?
The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...
If a 50-year-old puts £750 a month into a SIPP, here’s what they could have by retirement
Investing £750 in a SIPP each month could generate a pension pot worth anywhere between £259,528 and £602,410 in just 15 ...
What Are The Key Changes In The TDS Rules Coming Into Effect From April 1 & Who Will ...
TDS at a rate of 5% will only be withheld starting on April 1, 2025, if the total amount of insurance commission paid to an ...
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Reimbursement of Salaries to Seconded Employees Does Not Constitute FTS
The Revenue maintained that the employer-employee relationship between the seconded employees and Walmart Inc. continued, making the payments taxable under Section 195. However, Flipkart argued that ...