ITAT Kolkata order on Whether disallowance under Section 40 (a) (ia) of the Income Tax Act, 1961 is sustainable when the assessee failed to deduct tax at source on payment of interest, but the payee ...

The IRS provides several options for tax forgiveness, including an approved payment plan, an offer in compromise and spousal ...

Immediately notify and release all Income Tax Return forms and corresponding utilities for AY 2025-26 and for Updated Return ...

If you also file income tax return every year, then this news is useful for you. This year also you will have to pay tax on ...

Many forms must be filed electronically, including the 990 series and the e-postcard. The IRS will send back returns filed on ...

When an officer finds discrepancies in the submitted GST returns, they will scrutinize any mistakes or inaccuracies in the ...

While no exact time frame was agreed to at the board meeting, the board is expected to discuss proposed revisions at its May ...

The recent RBI repo rate cut will prompt a dip in home loan interest rates while bank mergers in 11 states may affect others.

Certain tax rules and considerations specifically affect undocumented immigrants in the United States and their common ...

During the month of March and April 2025 (21 March to 28 April), the following advisories have been issued so far in relation to the various compliances by GSTN: Issue in filing applications (SPL ...

Submitting incomplete or wrong documents is one of the most common mistakes for rejection. An corporation ought to be registered below Section 12A before applying for 80G (five) Registration. Without ...

From new disclosures related to deductions and the new tax regime to improved clarity in reporting income sources, these ...