Taxpayers must make sure that a validated bank account is there for receipt of funds, failing which the refund will get ...

One must note that prior to issuing a refund, the Income Tax Department must ensure that certain criteria are met. One of the ...

A U.S. District Court in California has allowed the IRS to serve a John Doe summons on JustAnswer LLC to determine if the ...

The Comptroller & Auditor General of India (C&AG) carried out a Subject Specific Compliance Audit (SSCA) on ‘Outstanding Demand on Income Tax Assessees’. Audit findings were discussed with the Central ...

The PM Modi led government has come to power for second term in India, and Finance Minister Nirmala Sitharaman is all set to ...

EDITORIAL For many expats – and retirees in particular – the festivities this year are marred by ongoing concerns about ...

A look-out circular has been issued against former RTO constable Saurabh Sharma. Following the seizure of 52 kg of gold and Rs 11 crore in cash from an Innova car in Bhopal's Mendori village, the ...

The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on ...

The Greene County Legislature voted last week to expand the county real property tax exemption for people with disabilities ...

The raid in Jaipur and the discovery of the cryptocurrency account mark a pivotal moment in the Income Tax Department’s ...

In a move that could make it easier for eligible service sector units in SEZs, including IT/ITeS, to claim  income tax ...

The new Congress will have a full plate including deciding the fate of the Tax Cuts and Jobs Act and Internal Revenue Service ...