Capital gain tax on transfer of development rights taxable to individual homeowners, not the housing society, rules ITAT Mumbai ...

A petrol pump owner declared Rs 37 lakh income on Rs 37 crore turnover. He received a tax notice for Rs 14 lakh cash deposit.

India's crypto ecosystem has grown at a rapid pace-and so have the country's laws concerning taxation. Crypto taxation rules ...

Treasury will end Direct File, an IRS bridge to your bank account.

ITAT ruled that reassessment under section 147 is valid even if based on an old PAN, as banking and TDS records may reflect its continued use. Ex parte assessment was remanded for proper ...

If you are paid in December of 2025, your taxes are due April 15, 2026. If you are paid in January 2026, your taxes are due ...

Many people are receiving unexpected income tax notices questioning how they funded their land purchases. As the tax ...

The Oregon Office of Economic Analysis (OEA) has confirmed a more than $1.41 billion revenue surplus in the 2023-2025 biennium, triggering a tax surplus credit, or “kicker,” for the 2025 ...

Direct File won’t be available anymore to do your taxes next year. Here’s what that means once the tax filing season opens in ...

The Tribunal ruled that only the part of a property actually rented can be assessed for ALV, excluding self-occupied areas under Section ...

Both wilful tax evader and salaried employee, students who inadvertently ignored the law are subject to the same Rs 10 lakh penalty under Black Money Act; Its time to correct this anomaly ...