Emphasising substance over form, the ruling clarifies that genuine charitable trusts should not be denied renewal solely on procedural timelines where reasonable cause ...

Congress enacted a rule to change the 1099-K threshold for your 2025 taxes, meaning you should only receive a Form 1099-K if ...

Karnataka High Court allowed the writ petition and held that refund on account of inverted tax structure is allowable relying on the final order of earlier tax period. Thus, order rejecting refund is ...

ITAT Mumbai held that alleged bogus purchases cannot be disallowed when the assessee provides invoices, receipts, bank proofs, and GST compliance. The ruling confirms that suppliers’ non-filing alone ...

Learn how PPIRP under IBC Chapter III-A offers a fast, consensual insolvency solution for MSMEs, emphasizing management continuity and creditor-approved resolution ...

Revenue issued 153C notices for years far preceding the satisfaction date. Following binding judicial precedent, the tribunal ...

Tax changes signed into law in 2025 could bring bigger refunds this year. When does tax season start? When will refunds come?

The 2026 tax season will soon be underway and some Americans could be receiving heftier tax returns this year.

Do you know what a W-2 is? The IRS opening 2026 tax season later this month, and you will need your W-2 to start the ...

As the 2026 tax filing season draws closer, the Internal Revenue Service (IRS) is encouraging Americans to begin preparing now by reviewing a set of "essential tips" aimed at avoiding delays, errors ...

The Internal Revenue Service is urging taxpayers to prepare now for the 2026 tax filing season as changes to refunds, credits ...

The IRS said it will begin accepting business tax returns electronically next week. No date has been announced yet for individual tax returns.