The ITAT held that provision for dealer incentives under a sales promotion scheme was based on a scientific method and not a contingent liability. The disallowance made by the tax authorities was ...

New Income Tax Act: The new Act looks to streamline provisions, reduce complexity, and introduce modern digital processes.

Whether you had investment gains or losses, or both, last year, they have an impact on your taxes. CPA and TurboTax expert Lisa Greene-Lewis has some reminders on how to handle capital gains, ...

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by ...

That’s the idea behind capital flight, an economic term used by tax critics to describe an exodus of wealth and investments because of higher taxes or cost of doing business. Is there truth to it?

NA, the IRS form that is used for calculating U.S. estate taxes for non-resident decedents. Learn when to file Form 706-NA and how to do it.

An individual tax return is a government form that reports all income for the previous year and any taxes due on it.

There’s no requirement that the form be downloadable, but the Internal Revenue Service does require 1099-INT forms to be ...

The Tribunal held that EIS paid to originators is not subject to TDS because the originator had not subscribed to PTCs and ...

NEW DELHI: Central and state governments collected ₹1.61 trillion in Goods and Services Tax (GST) in February after refunds, marking a 7.9% year-on-year increase, official data released on Sunday ...

(The Center Square) – Members of the House Finance Committee on Tuesday held another contentious and lengthy public hearing on a proposed income tax for Washington state. Senate Bill 6346, also known ...