The Tribunal held that the adjustment made by the CPC disallowing the co-operative society's Section 80P claim was bad in law for pre-A.Y. 2021-22 years. The ruling confirms that for earlier years, ...
(NEXSTAR) — The IRS says an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans don’t take action soon. The refunds ...
Tribunal dismissed assessee’s appeal, confirming that opting for Section 115BAA overrides 20% LTCG rate under Section ...
NEW YORK — The amount of tax money owed but not paid to the IRS is set to keep growing, according to projections published by the federal tax collection agency on Thursday. For tax years 2021 and 2020 ...
What bill would you pay with an extra $750 or $850? Sure, we're not talking about cashing a billion-dollar winning lottery ticket. But the IRS says more than 1.1 million people nationwide are owed ...
Americans failed to pay $688 billion in taxes on their 2021 returns, a record level, according to a new estimate from the IRS. The agency said that it is taking "urgent" steps to increase compliance ...
The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...
The IRS announced over 1 million taxpayers have unclaimed tax refunds for 2021, totaling over $1 billion. The median refund amount is $781, and the deadline to claim it is April 15 of the current year ...
The Internal Revenue Service is warning more than 1 million taxpayers to file their 2021 tax returns by April 15 or risk losing more than $1 billion in unclaimed refunds. There is no penalty for ...
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