The tribunal held that delay in filing Form 10BB is only a procedural lapse and not a substantive bar to exemption. Where the audit report was available before processing, denial of section 11 ...

Knowing when to issue which kind of 1099 form to someone you paid money to can be a mystery to small business owners, but ...

Hours after a demand for clarification from BNP, the Election Commission on Sunday said providing the income tax information of an aspirant's spouse, children and dependents in the nomination form ...

The AO passed a rectification order while the core section 50C addition was pending fresh adjudication. ITAT ruled that such parallel adjudication leads to inconsistency and must be ...

The ITAT ruled that an inadvertent mistake in selecting the assessment year while filing Form 10AB cannot defeat an existing valid registration. Mechanical rejection without record verification was ...

The IRS paper check phase out 2025 is officially here, and if you aren’t prepared, your tax refund could be stuck in ...

A new IRS reporting rule will affect crypto users starting in 2025, changing how digital asset activity is tracked and disclosed.

The Internal Revenue Service will stop issuing most tax refunds by paper check starting Sept. 30, shifting taxpayers to electronic payment methods as part of a modernization push. The agency said it ...

The Internal Revenue Service announced tax relief for individuals and businesses in Washington state affected by severe storms, straight-line winds, flooding, landslides and mudslides that began Dec.