Madras High Court upheld ITAT’s finding that receipt of bonus shares does not constitute income under Sections 2(22)(b) and 56(2)(viia). Revenue’s appeal was ...

The following is a news release from the Idaho State Tax Commission. SANDPOINT — A general manager from Sandpoint is on ...

We study the reasons for rising in-work poverty in the 25 years up to the pandemic.

The wedding season is about to begin, and with it come several gifts for the bride and groom on their special day. Have you ...

Tax cases are technical in nature... Many high courts do not have a tax bench, which also contributes to the delay.' ...

The Tribunal held that income is taxable in the year it accrues, not in the year TDS is deducted by the payer, rejecting addition based solely on Form ...

Press Release - "Tax ID" is a term that unifies the different TINs issued by the Federal Inland Revenue Service (FIRS), Joint Tax Board (JTB), and State IRS.

The Madras High Court held that delay in filing Form 10B required under Section 44AB for the purpose of Section 12A(1)(b) of ...

In Maharishi Education Corporation (P.) Ltd. vs ITO, the Delhi Bench (SMC) of the ITAT held that Section 115BAA overrides all ...

SUPREME COURTSupreme Court Dismisses Customs' Appeal Seeking Rs 93 Lakh Duty On Lulu Malls' Imported TrampolinesCase Title: COMMISSIONER OF CUSTOMS V LULU INTERNATIONAL SHOPPLING MALLS PVT.

The ACC investigation found that despite lacking registration, they collected Tk45.35 crore from 23 different entities ...

New York’s mayor-elect has promised ambitious social programs funded primarily through higher taxes on businesses and the ...