The ITAT ruled that a tax addition under Section 56(2)(x) cannot be made solely on stamp duty value. The AO must first obtain a DVO ...

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President Donald Trump is at the mercy of Russian President Vladimir Putin because the foreign leader has extensive, meticulously documented evidence of crimes committed by the American businessman, a ...

It looks to be a busy one—the IRS has announced that, despite new tax breaks for tipped and overtime income that take effect retroactively for all of 2025, there will be no changes to withholding ...