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.

House Republicans are heading into the new Congress with a lofty set of tax reform goals, an ambitious agenda made more ...

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 ...

He is expected to extend many of the temporary provisions of the TCJA, including: Unlike these extensions, Trump announced he ...

The preparers filed for pandemic-related tax credits on behalf of ineligible clients and then netted hefty filing fees, ...

Charitable giving, Form 1099-K reporting, SCOTUS agrees to hear a tax-related case, filing deadlines, industry updates, and ...

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

The Internal Revenue Service (IRS) has announced a significant policy change designed to streamline the process for taxpayers ...

They kick in 40.4% of income taxes, nearly double their income share.