Many everyday savings account transactions can attract Income Tax Department scrutiny. Large cash deposits, credit card ...

ITAT ruled that tax authorities cannot deny the S.115BAB benefit after a detailed S.143(3) scrutiny order confirms the assessee as a manufacturer. The judgment emphasizes procedural consistency, ...

These days, not only talk of the town but even talk of the remotest villages is about the paying-in slip recently posted by ...

If you haven’t received your New York inflation refund check, keep watching your mail. The state began sending out the checks ...

More than 1.1 million people over Department for Work and Pensions or DWP state pension age face being hit with income tax on ...

Chennai ITAT ruled that a police canteen operating on the principle of mutuality is not carrying on 'business' under the Income-tax Act, making the mandatory tax audit provision of u/s44AB ...

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued a warning to the taxpayer that perjury is considered a serious offence, ...

Key Points ・Starting January 1, 2026, forgiven federal or private student-loan balances may once again be considered taxable ...

Last year, financier Scott Bessent excoriated the Biden administration for its revival of industrial policy. Now as Trump’s Treasury secretary, he the government would be expanding investments in ...

A high-profile murder trial moved from Springfield to Peoria began Monday. Charged in the case is former Sangamon County ...

The deadline for submitting a paper tax return for the 2024–25 tax year is October 31 2025, so time is tight if you haven’t ...