The Ahmedabad ITAT set aside a ₹1 lakh penalty under Section 271BA, ruling that failure to electronically file the Form 3CEB transfer pricing report was a mere technical and procedural default.

Summary of the Bombay High Court judgment where a charitable trust's oversight in e-verifying its Form 10B was considered a human error and the delay was condoned, securing its Section 11 income tax ...

Kashkari supported the Fed's quarter-point interest-rate cut in September and feels two more such cuts will be warranted by the end of the year, he said last month. Like many of his colleagues, he ...

As the name suggests, annual reports are due every year in the state in which you're operating your business, though some ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

The iconic jet was unveiled earlier this month, and it's just the latest addition to the museum's collection of military ...

The Supreme Court on Monday agreed to take up whether a federal crime that bans gun possession for drug users is ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the ...

Lockheed Gets IRST Block II Order For U.S. Navy F/A-18s, Guard F-16s is published in Aerospace Daily & Defense Report, an ...

The IRS recently announced some changes to the tax rules for 2026, and those changes could affect how much you end up paying. Since these changes are for the 2026 tax year, they will be in effect for ...

A trade association filed a lawsuit in federal court Thursday against Texas over a law that would require Texans to prove ...

Key Points and Summary – As Russia awaits its delayed PAK DA stealth bomber, it is heavily upgrading its Tu-160 “Blackjack,” ...