The Tribunal held that once the return is accepted as valid under Section 139(1), denial of carry forward loss on belated filing grounds is contradictory and ...

The IRS expects most refunds for the Earned Income Tax Credit, the Child Tax Credit and the Additional Child Tax Credit to be ...

The ITAT held that for a builder following the project completion method, income arises on handing over possession and not merely on registration of sale agreement. The addition of entire sale ...

The two men prepared false tax returns from at least 2019 through 2022.

The IRS's ability to stay open during a shutdown depends on funding. How will filings and refunds be impacted?

President Donald Trump sued the federal government on Thursday for $10 billion in alleged damages over an Internal Revenue ...

Robert J. Powell was convicted in Pennsylvania ...

Public feedback and comments have been invited before finalising the rules, which will be notified by the first week of March, said CBDT chairman Ravi Agrawal.

The IRS's ability to stay open during a shutdown depends on funding. How will filings and refunds be impacted?

Trump filed a lawsuit over the leak of his tax returns, which he said caused "reputational and financial harm." ...

Investors holding 2019-20 Series IX and 2020-21 Series V tranches can exit without tax if they apply within the permitted window by informing their bank or depository at least a Month in advance ...

The leaks showed Trump paid no income taxes for 10 out of 15 years before his first election.