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 ...

Kerala High Court held that receipt of government grant to meet day-to-day expenses cannot be deemed to be consideration for provisions of goods or services and hence GST not leviable on the same.

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

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

Between all the talk of fiscal commissions and efficiency agencies, it seems like the question of the day is how to make the ...

The exemption is available to senior citizens, totally and permanently disabled persons, and surviving spouses of previously ...

Paisabazaar has received notices from the Income Tax Department pertaining to a few vendor payments and their associated ...

The Income Tax department conducted raids at the Kochi offices of Parava Films and Dream Big Distributors, production ...

When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to ...

Some in the party are considering alternative ways of assessing the federal budget as they prepare to extend temporary tax ...