Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ...

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and ...

“The concerned FBR officials are responsible for latest episodes of mismanagement, and inefficiency in case of inordinate ...

Retired govt employee claims Rs 20 lakh gratuity exemption; tax dept imposes Rs 2.2 lakh penalty; ITAT Cochin rules in his ...

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) ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

Non-service of notice and denial of hearing before adjudication under Section 73 violates Section 75(4) and the principles of natural justice, therefore, the demand order passed ex parte under Section ...

Tax season can be one of the most confusing and detail-oriented times of the year if you're a tax professional, small ...

The Kerala High Court held that the non-production of Form 3CL is not material suppression and is not a valid ground to ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Another day, another tax on property. As house prices rise across the country, more people are getting caught in the tax bracket.