4. Since the source of cash deposits is said to be sale of gas cylinders to its customers, the Assessing Officer is hereby directed to obtain detailed information related to cash received from the ...

Agra bench, has set aside penalties imposed on the State Bank of India (SBI) for alleged short deduction of tax at source (TDS) on Leave Fare Concession (LFC) reimbursements provided to its employees.

The Vivad Se Vishwas Scheme will come to end on April 30 before which eligible taxpayers can file a declaration in respect of ...

While tax season may be over for the nearly 140 million Americans who filed their returns by April 15, a proposed ...

Vivad Se Vishwas 2.0 is a dispute resolution scheme run by the Income Tax Department. It gives taxpayers a chance to settle ongoing tax-related cases by avoiding the prolonged litigation process and ...

In a recent judgment, the Mumbai Income Tax Appellate Tribunal (ITAT) ruled that such an exchange cannot be taxed under ...

President Trump has suggested stripping Harvard of its tax-exempt status, a step that experts say would be unusual and face ...

The High Court considered two central issues on appeal: whether the Bank of Uganda Defined Benefit Scheme qualifies as a ...

Learn about the Medicare IRMAA surcharge, how it's calculated, and how high-income retirees can plan to minimize its impact.

File a rectification request to tax dep’s assessing officer today to fix wrong tax demand notices, intimations, etc issues ...

While the parties’ tax returns are the foundation for courts’ calculations of income, courts are vested with broad discretion ...

Sen. Cory Booker and House Democratic Leader Hakeem Jeffries launched a live-streamed appeal from the steps of the U.S.