Sources told Business Recorder that the Task Force for development of housing sector has finalized its short-term term, ...

The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

President Donald Trump ordered an indefinite hiring freeze at the IRS ahead of tax season, but fears about delayed tax ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

Rationalization of Customs tariff rates is critical; we had seen the previous Budget review Customs duties on items such as ...

The Treasury Department has also eliminated the option of buying as much as $5,000 in extra inflation bonds, beyond the ...

According to the original proposal awaiting National Assembly approval, no one can buy property worth more than 130% of the ...

The Chamber of Trade and Industry (CTI) has urged the government to rename Income Tax as ‘Rashtra Nirmaan Sahyog Nidhi’ ...

Orlando Bloom recently told Entertainment Weekly that Kiera Knightley did “wonderful things” in the “Pirates of the Caribbean ...

Schemes like Vivad Se Vishwas need to continue to clear huge legal backlog. Further rationalisation measures for income tax assessments and appeals are the need of the hour. This huge backlog blocks ...

India has an extensive tax appeals system that starts from the Commissioner of Income Tax Appeals to the Supreme Court.

Conclusion: Assessee was entitled to claim deductions related to taxes paid under protest and the settlement of tax disputes under various state government amnesty schemes under section 43B and CIT (A ...