Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

Gujarat High Court held that recovery of interest amount which became due u/s. 50(1) of the CGST Act can be done only after issuance of intimation in Form GST DRC-01D. Accordingly, order quashed with ...

The IRS and Treasury have issued final regulations (TD 10037) that eliminate stock repurchase excise tax exposure for M&A transactions, ...

On November 21, 2025, the U.S. Treasury Department (“Treasury”) and the Internal Revenue Service (the “Service”) released final regulations ...

The income tax you pay on savings interest will rise by 2 percentage points from April 2027, differentiating it from tax on ...

Who doesn’t appreciate tax-free investment growth, tax-free withdrawals and not having to take required minimum distributions ...

ITAT Pune held that the Section 263 revision was unsustainable as the AO conducted adequate scrutiny and expenses were recovered from associated enterprises. Expenditure classification did not make ...

The state government has already backed down from its new tax on school uniform suppliers, less than a day after The Daily ...

Chancellor Rachel Reeves said, ‘If you build here, Britain will back you’ as she delivered her budget with a pitch for foreign investment ...

It's my great pleasure to be here with Paul St Pierre Plamondon, the leader of the Parti Quebecois in his writing of Camille ...

President Trump discussed his "no tax on tips" plan in January. The IRS has released its guidance for the "no tax on tips" ...

The taxpayer’s predeceased spouse’s estate failed to timely file an estate return and did not qualify for the safe harbor in Rev. Proc. 2017-34, so its portability election was invalid, the Tax Court ...