Plus: Average tax refunds, filing status, a new global tax deal, commuting expenses & business mileage, a closely watched tax ...

Access Health partially agreed with the findings but disputed some aspects of the auditor's conclusion.

The issue was whether Section 153C proceedings could continue when seized material was handed over after 01.04.2021. The Tribunal ruled that such notices are barred by law, rendering the assessment ...

The Tribunal held that incorrect selection of a clause while filing Form 10AB is a technical and curable defect under the new registration regime. Applications for registration and approval were ...

The Court found a major discrepancy between GST returns, income tax declarations, and bank receipts, ordering a forensic ...

The issue was whether penalty under section 271(1)(c) can be levied when bogus purchases are disallowed on an estimated basis. The Tribunal held that estimation does not establish concealment, making ...

The issue was whether reassessment notices issued after the extended period under TOLA were valid. The Tribunal held that post–Rajeev Bansal, notices beyond the surviving limitation are time-barred ...

ITAT Pune held that penalty not leviable under section 270A of the Income Tax Act since show cause notice failed to specify ...

The Tribunal held that documented WhatsApp communications established counsel’s negligence and the assessee’s due diligence, justifying condonation of delay. The matter was restored for fresh ...

Calls to abolish the ICE have escalated in the wake of Renee Nicole Good's death at the hands of an ICE officer in Minnesota.

Early predictions for Social Security's 2027 COLA signal trouble: The adjustment is projected to drop, leaving benefits ...

Since 2020, fraudsters have scammed at least $36 billion and as much as $3 trillion in tax money from federal entitlement ...