Flat tax proposals aim to put Missouri on path to eliminate income tax
Six Republicans in the Missouri Senate want to start the debate over whether to eliminate the state income tax with a move to ...
Income tax rules: How much cash can you receive in one day to avoid an I-T notice?
Taxpayers must be cautious with cash transactions over ₹2 lakh, per Section 269ST of the Income Tax Act. Violating this limit ...
Tax Guru2d
Directors’ Liability for Tax Arrears: Section 179(1) not extends to public companies
Rajagopalan Managing Director vs DCIT (Madras High Court), the key issue was whether the provisions of Section 179(1) of the ...
Income tax grievance redressal overhaul: Faster response, demarcated list of officers for tax refund, TDS, PAN, waiver, other issues
The income tax department has overhauled the grievance redressal system to make it faster. Experts say now taxpayers can ...
Mumbai Income Tax Tribunal Declares NRI’s ₹3 Crore Gift to His Mother 'Genuine' And 'Non-Taxable'
In a landmark decision, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that a Rs 3 crore gift from a ...
Willamette Week10h
Murmurs: School Board Member Owes $47,000 in Income Tax
Gary Hollands, who is seeking reelection to the Portland Public Schools Board, owes more than $47,000 in back taxes and ...
Tax Guru2d
Section 153A requires a nexus between seized materials & income additions: Orissa HC
Orissa High Court adjudicated on the validity of assessment proceedings initiated under Section 153A of the Income Tax Act ...
Income Tax Returns News Live: What you need to know about December 31st deadline
Benchmark stock indexes in China and Hong Kong both jumped from the open, while those in Japan and South Korea also climbed ...
Tax Breaks: The Tax News Is Coming At Quite A Clip Edition
Questioning whether the Corporate Transparency Act is dead, giving at the office, year-end tax strategies, tax deadlines and ...
Ajit Pawar gets relief as income tax department clears properties worth over ₹1,000 crore in benami case: Report
The tribunal’s ruling coincided with Pawar’s swearing-in as Deputy Chief Minister alongside Sena’s Eknath Shinde, under the ...
DWP benefit claimants told to pay full council tax after Universal Credit move
A petition is asking the government to make sure people who are moved onto Universal Credit still get help with their council ...
Massive Income Tax raids underway in Andamans: official
Income Tax Department conducts searches in Andaman and Nicobar Islands over suspected irregularities in filing returns.