The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. ​The latest circular has ...

Trump and Republicans on Capitol Hill will likely slash Biden-era tax breaks for electric vehicles in 2025 to raise money for ...

The Income Tax Department has cautioned taxpayers that not disclosing foreign assets or income in their Income Tax Return ...

To date, about 200 prominent individuals who purchased large plots of land from the authority have been included. The list ...

The latest decision in Mukhi v. Commissioner came after a flurry of activity involving the IRS' ability to assess the penalty ...

President-elect Trump tasked Musk and Ramaswamy with leading DOGE, and they may look to streamline the tax-filing process.

H&R Block, Intuit stock dropped amid a report that Elon Musk's Department of Government Efficiency may develop a tax filing ...

Reflecting the theme of Viksit Bharat, the pavilion’s central structure illustrates India’s aspirations to shine on the ...

Kerala High Court held that direction of reopening of assessment by appellate authority without any enquiry or without any material is unjustified and untenable in law. Accordingly, appeal allowed.

Conclusion: Once the company had shown the source of giving loan from various transactions reflected in the bank statement and had given the details, there were no reason to doubt the source of funds.

Ensuring the US doesn’t default on its obligations. Extending trillions of dollars in tax cuts before they expire.

The Louisiana Senate has proposed keeping the film incentive, though with a reduced cap, after the House voted to repeal it ...