According to a press release published by the Pennsylvania Treasury, a number of changes have been made to the state’s tax ...

Another issue raised was whether disallowance under Section 14A should be added back to book profits under Section 115JB of the Act. The Tribunal noted that similar adjustments had been overturned in ...

Observing procedural lapses, ITAT ruled that the penalty appeal should also be reconsidered in light of the fresh adjudication of quantum additions. The Tribunal restored the case to CIT (A), ...

State taxes: Income from municipal bonds issued in the state where the investor resides is usually exempt from state income ...

Court of Appeal finds first-tier tribunal and upper tribunal erred in law when considering wording of condition in relation ...

The racket of CAs, in active assistance and criminal conspiracy, with some income tax officials were unauthorisedly and ...

At least one rule enshrined by President Biden's administration appears safe under President Trump's team. Here's how a 2019 ...

The CBDT chief said under the revamped new personal income tax regime, those with ₹24 lakh annual income will benefit a tax ...

In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...

To foster a more competitive and favourable investment environment for funds and family offices, the Financial Services and Treasury Bureau issued ...

Learn how top Indian cricketers manage their taxes through smart tax planning, investments, foreign income strategies, and ...

The first tier tribunal (FTT) has struck out a case concerning top slicing relief, on the basis that it had no jurisdiction ...