The Tribunal held that an intimation under Section 143(1) based on a forged revised return is appealable. It directed a fresh assessment after allowing the assessee to file the correct return, ...

Waiting for a tax refund requires patience, and getting a message saying this is being held up can be frustrating. Most ...

The current tax law makes it difficult to take just any type of casualty loss as a tax deduction. Only certain types of ...

From self-employment tax on your side hustle to surprise bills when debt gets forgiven, these seven tax obligations catch ...

Key Points ・The 2026 tax filing season may not open until mid-February, later than the usual late-January start. ・Federal tax ...

The issue was whether SEZ deduction could be denied for alleged late filing of Form 56F. The Tribunal held that filing within the CBDT-extended deadline was valid and CPC erred in disallowance. The ...

Over 63 lakh income tax returns for Assessment Year 2025-26 remain unprocessed, delaying refunds for many taxpayers despite ...

Arizona Gov. Katie Hobbs told the state Department of Revenue to publish the new tax forms with the tax break she says she ...

The number of U.S. law enforcement officers and agents who died in the line of duty in 2025 was the lowest since 1943, the ...

A federal bench trial will test whether WTAMU’s drag show ban violates the First Amendment as the Fifth Circuit weighs the ...

On the fifth anniversary of the Jan. 6, 2021, attack on the Capitol, there is no official event to memorialize what happened.

The assessment aided President Trump and other officials in concluding that Delcy Rodríguez, then Venezuela’s vice president, ...