The Tribunal emphasized that an error regarding VRS exemption made by a salaried, non-technical taxpayer cannot be classified as deliberate under-reporting. With no false claim or suppression, the ...
The Tribunal held that an order rejecting condonation under Section 119(2)(b) cannot be appealed under Section 253(1). The appeal was dismissed as not maintainable, reaffirming limits on the ...
Taxpayers who make frivolous arguments in Tax Court risk the imposition of penalties by the court of up to $25,000.
The income tax base is growing faster than the number of those conscientiously filing returns, driven by the expanding reach ...
The proportion of IHT paid on gifts increased over 153% since 2011 to £256m in the 2020-21 tax year (the latest data from ...
The wealthy often avoid earned income, which means they escape payroll taxes entirely and ordinary income rates under the ...
Prime Minister Benjamin Netanyahu asked Israel’s president to pardon him preemptively, before any verdicts were reached in ...
Intended to bolster local access to lending, large credit unions today are swallowing up community banks. A Trump purge has reduced their oversight.
A student media report showed Augustana University has reported its first deficit since 2009. In addition, the private university located in central Sioux Falls ...
Rachel Reeves’ £30bn tax rises will leave most Britons worse off, with middle earners, property owners and EV drivers hit ...
The personal tax threshold has been frozen in the Budget on Wednesday, with the move set to hit millions of workers ...
For months, the art world waited to see who would pass the “Trump test” to represent the U.S. at the next Venice Biennale.
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