Bombay High Court held that delay in filing of Form No. 10 was condoned since activities of trust are genuine and denial of benefit of accumulation u/s. 11(2) due to delay in Form No. 10 would cause ...

Andhra Pradesh High Court set aside a GST order lacking a Document Identification Number, citing Supreme Court and CBIC ...

Tribunal dismissed assessee’s appeal, confirming that opting for Section 115BAA overrides 20% LTCG rate under Section ...

ITAT Mumbai held that USD 2.41 lakh deposits in Jersey bank accounts were inherited from the assessee’s parents and not undisclosed foreign income, setting aside the CIT(A)’s addition under the Black ...

Senate Majority Leader John Thune, R-S.D., has promised Democrats at least a vote on their preferred health care proposal, on ...

Q3 2025 Earnings Call Transcript November 5, 2025 Dnow Inc. misses on earnings expectations. Reported EPS is $0.2358 EPS, ...

The new OBBB requires tip & overtime tax reporting, but the IRS has issued a penalty relief for 2025, as employers adjust.

Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...

Last month, the Treasury Department issued a report recommending that the IRS refocus efforts on strengthening its free filing programs, particularly Free File, by modernizing and promoting awareness ...

Drafts of the 2026 federal tax guide for employers and the 2026 federal income tax withholding methods, including changes based on the One Big Beautiful Bill Act, Pub. L. 119-21, were released Nov. 5 ...