Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ...
“The concerned FBR officials are responsible for latest episodes of mismanagement, and inefficiency in case of inordinate ...
Tribunal held that where Form 67 is submitted before the completion of assessment, foreign tax credit must be allowed even if the filing was delayed. It observed that neither the Act nor Rule 128(9) ...
The seizure comes about a year after an audit. The holding company is under investigation over roughly $1.4 billion in alleged unpaid taxes on about $5.7 billion in capital gains tied to Lagfin’s ...
Retired govt employee claims Rs 20 lakh gratuity exemption; tax dept imposes Rs 2.2 lakh penalty; ITAT Cochin rules in his ...
LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.
Tax season can be one of the most confusing and detail-oriented times of the year if you're a tax professional, small ...
Gauhati High Court held that the Summary of the SCN issued in FORM GST DRC-01 does not substitute the proper SCN required under Section 73(1) of both the Central and State GST Acts. Accordingly, order ...
The complaint before the FTO, Waheed Shahzad Butt stated that failure to make available the manual or paper return forms, as ...
T Department's extension also follows recent decisions by the high courts of Punjab, Haryana, Gujarat, and Himachal Pradesh ...
A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...