These appeals contested the deletion of additions made by the Assessing Officer (AO) under Section 40A(3) of the Income-tax Act, 1961, amounting to ₹2.16 crore and ₹66,25,500 respectively, for cash ...

On comprehensive analysis of the provision regarding condonation of delay in filing ITRs, in the light of applicable Circular ...

Some local Republicans received more information on the complex and multi-layered property tax system during the regular Marshall County Pachyderm Herd meeting over the lunch hour on Friday. Iowans ...

Homeowner wins against the income tax dept after a 9 years fight about imposition of Rs 1.42 crore short term capital gains ...

Taxpayers who have to file income tax returns for assessment year 2025–26 need to select the correct form based on their ...

However, the US president increased tariffs on imported Chinese goods to 125%; in other news, UK tax firm MHA expects to ...

The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month's meeting.

Learn about the ITR-B Form for undisclosed income after search or seizure. Get to know the purpose, applicability, and filing instructions in this guide.

The MEGlobal Canada decision highlights taxpayers’ frustrations over split jurisdiction for TP assessments as well as a need ...

Senior citizens are given an exemption limit up to Rs 3,00,000 while very senior citizens (people above the age of 80) have a ...

Selecting the incorrect Income Tax Return (ITR) form can result in incomplete reporting of information, potentially leading ...

Only a few months are left to file ITR. The new financial year started yesterday i.e. 1st April. From now on, taxpayers can ...