The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers ...
Rachel Reeves is reportedly mulling an increase to income tax, despite this being ruled out by Labour previously ...
We can pay more tax income tax, but in return we need a long term plan to grow the economy and improve productivity as well ...
Major U.S.-based oil and gas companies such as ExxonMobil, Chevron and Conoco Phillips are paying billions of dollars more in taxes in other countries.
Delayed self-assessment tax payment is not 'wilful evasion' under IT Act S. 276C(2) if the tax is paid before prosecution. Mens rea is ...
The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a ...
“If the state exempts certain classes of property from local taxation or if previously taxable property is now being used for ...
Bombay HC clarified Section 276C(2), holding that mere failure to pay self-assessment tax is not willful evasion, quashing prosecution after tax was paid ...
Most states don’t tax Social Security, but rules vary in the 9 that do. Get up-to-date exemptions, thresholds and new ...
Americans may see larger tax refunds in 2026, thanks to the IRS updatng delays to account for Trump's retroactive tax ...
Pradeep Kumar Any sum of money or property received under a Will or by way of inheritance is tax exempt in the hands of the ...
A man owned a share in his family's ancestral agricultural land in the Delhi-NCR region. This land was sold for approximately ...