ITAT Delhi held that a seized document mentioning ₹18 lakh could not, without corroboration, be treated as undisclosed income of Krishna Gopal Saraf, deleting the ...

A massive, unprecedented, and misguided increase in the amount of offshore corporate income subjected to state tax would ...

The IRS Direct File will not be available for the upcoming tax filing season. However, other programs like the Free File and ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the diversified banks industry, ...

General revenue collections in October inched up by $1.1 million, or 0.2%, compared to the same month last year and beat the ...

Most of Andrew Cuomo’s income came from Innovation Strategies, a company created for his consulting work before he ran for ...

The Watchdog welcomes the news that a new state law creates a requirement for all Texas public school students to take a ...

By age 29, you deserve a literal tax break — a new survey has found that the average American lets professionals prepare ...

The premium tax credit is a refundable credit that helps some taxpayers afford health insurance premiums. The advance PTC lowers the premiums themselves. Many, or all, of the products featured on this ...

Rachel Reeves is under pressure to break Labour’s manifesto pledge with a tax raid on the highest earners amid growing calls from within Labour to hit the wealthy. Ministerial sources have told The ...

If you are a taxpayer who has made purchases or transactions subjected to Tax Collected at Source (TCS), it is essential to download your TCS certificate in Form 27D from the official TRACES portal.