The Supreme Court on Monday set aside an Income Tax Department notice towards reassessment proceedings initiated against ...

Kerala High Court held that as rental income of property already treated under the head ‘income from house property’, the sale of said property to be assessed under the head ‘capital gains’ and not as ...

Karnataka High Court issued a judgment in favor of IBM India Private Limited, directing the Income Tax Department to refund a total amount of Rs.154,08,41,927 with applicable interest. This refund ...

The raids were conducted over a period of 10 days. A total of Rs 352 crore was seized in these operations. IT raids are ...

E-commerce and digital platforms with payment functions will have to declare and pay taxes on behalf of sellers being ...

History will — or at least should — see a $165 billion error in revenue estimates as one of California’s most boneheaded ...

The IRS and audits provide a simple but powerful lesson in government effectiveness, demonstrating that enforcing a standard ...

The Modi government has introduced PAN 2.0, a new and upgraded PAN card project. Existing PAN cardholders are not mandatorily ...

The Great British Insulation scheme will provide support to those on the lowest incomes and extend support to a wider range ...

Steve Webb replies: With nearly two trillion pounds invested in UK workplace pensions, the government is understandably very ...

State pensioners feeling the financial pinch of the festive season are being given a helping hand to the tune of £8,837 worth ...

Outgoing US President Joe Biden pardons his son Hunter Biden on tax and weapons charges, sparking political debate ...