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.

Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.

Many taxpayers believe that income tax returns (ITR) can only be filed by the due date. However, this is not entirely correct. If you earned income from bank interest, capital gains, or dividends and ...

A father and son sold ancestral land for Rs 13 crore, but the buyer's TDS error led to a tax notice for the father. The ITAT ...

According to the Federal Student Aid, the deadline to file the FAFSA form for the 2026-2027 is June 30, 2027. Any corrections ...

Freelancers and gig workers enjoy the flexibility of managing their own schedules and choosing the projects they want to work on. However, this independence can come with a unique set of challenges, ...

What to know about stimulus checks 2025 status, IRS $2000 direct deposit, ANCHOR, inflation check, IRS where's my refund, and ...

ITAT Mumbai ruled that a tax demand raised due to a typographical or inadvertent error, without any malafide intention, is invalid. Tribunal observed that assessee should not suffer unnecessary ...

The ballot language: “The constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the market value of the residence homestead of the ...

Represents costs incurred in connection with the departure of the Company's former CEO primarily related to severance and recruitment costs (“CEO succession costs”). The articles, information, and ...

Learn how the right debt relief option can help you avoid bankruptcy now.

Despite the government shutdown, taxpayers who requested extensions for their tax returns last year must still meet the ...