Taxpayers who typically receive tax refunds by paper check could be surprised next year when the IRS initiates new steps to ...
Once credit is so allowed the levy of interest under Sections 234B and 234C does not survive. Even otherwise, when the tax ...
The Tribunal held that the DTAA overrides the Income Tax Act, and income taxed abroad cannot be taxed again in India. The ITAT rejected the view that authorities lack power to condone delay, allowing ...
The IRS will phase out paper refund checks starting Sept. 30, 2025. Millions of Americans must switch to direct deposit or digital options.
CESTAT Allahabad quashes Service Tax demand against a contractor, ruling that reliance solely on unverified ITR and Form 26AS ...
It’s not that people are shirking their responsibilities, rather it is the gut-wrenching fear of filing a clerical error and ...
ITAT Raipur dismisses an appeal against an Income Tax penalty order as withdrawn, as the assessee opted for settlement under the Vivad Se Vishwas Scheme 2024, with a caveat for restoration if the ...
The Madras High Court ruled that a GST summary demand order in Form DRC-07 is invalid if the mandatory show-cause notice in Form DRC-01 was not issued first, even if a preliminary notice (DRC-01A) was ...
This ruling addresses a massive tax demand raised by CPC under Section 143(1) based solely on a clerical error in the original Form 3CD. The ITAT set aside the orders, holding that natural justice ...
The Trump White House set a Sept. 30 deadline for the Treasury Department to stop cutting paper checks, although the IRS said ...
The Internal Revenue Service (IRS) announced new measures that will directly affect how taxpayers receive their refunds, following an executive order by President Donald Trump. In a press release ...
The ITAT ruled that the AO and CIT(A) erred by mechanically raising a default demand simply because commission was paid to a non-resident. The Tribunal stressed that full compliance evidence (Form ...