When Finance Minister Makis Keravnos announced the scandalous plan by which the state would raise the betting tax and use the ...

Only minutes after being sworn in as the 47th President of the United States, Donald Trump praised Texas Gov. Greg Abbott’s ...

Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.

Many U.S. taxpayers may be eligible for a $1,400 stimulus check if they missed claiming the Recovery Rebate Credit on their ...

The IRS is on a mission to ensure over a million Americans receive their pending $1,400 stimulus checks. If you haven't filed ...

The Bureau of Internal Revenue shall implement the provisions of the Attrition Act based on its downgraded goal of P2.848 ...

Plus: President Trump signs executive orders before tax season, beneficial ownership information (BOI) reporting updates, ...

Kerala High Court held that revisionary proceedings by PCIT u/s. 263 rightly exercised since claim of provision for bad and doubtful debts was assumed by assessing officer to be correct without ...

The Benue State government has commenced a strict enforcement campaign targeting defaulting business premises to improve the state's revenue base.The Commissioner for Industry, Trade and Investment, ...

The primary question before the Delhi High Court was whether the Income-tax Appellate Tribunal (ITAT) was correct in holding that the invocation of Section 263 for the assessment year 1982-83 was not ...

16. Where on consideration of material on record, one view is conclusively taken by the Assessing Officer, it is not open to ...

Subsequently, the Commissioner of Income Tax (CIT) invoked Section 263 of the Income Tax Act, citing that the AO had not adequately examined the compensation received by the assessee for land at ...