The tax department has erred in sending notices to many taxpayers for defective income tax return (ITR). A defective return ...
COVID-19, a significant portion of the population now prefers online payment methods. However, cash transactions still play a ...
The Indian government's net direct tax collection grew over 16% year on year to 15.8 trillion rupees ($186.07 billion) during ...
Virginia Governor Glenn Youngin announced a budget proposal on Monday to make service tips exempt from the state’s income tax ...
Report Foreign Income in ITR: ​"Failure to disclose foreign income or asset in ITR can mean assessment proceedings being ...
Failure to disclose foreign income and assets leads to violation of Black Money and Imposition of Tax Act, 2015. The last ...
A Comptroller and Auditor General (CAG) report revealed significant flaws in the Income Tax department's functioning, including non-sharing of data, exaggerated tax demands, and delays in implementing ...
A businessman in the Bronx falsified information on thousands of returns, committing one of the largest tax frauds in ...