Bad Debts Allowed on Write-off, 26AS Mismatch Cannot Trigger Addition: ITAT Dismisses Revenue Appeal
The Revenue challenged allowance of bad debts due to lack of NCLT evidence. The Tribunal held that post-amendment law ...
The tribunal set aside the assessment after finding that faceless assessment proceedings were initiated before the scheme was formally notified, rendering the assumption of jurisdiction ...
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Tax notice worth ₹22.5 crore issued based on WhatsApp chats; court now delivers major verdict
The Income Tax Appellate Tribunal (ITAT), Delhi, has delivered a significant verdict in an income tax-related case, ...
(PSX: MDTL) was incorporated in Pakistan as a private limited company in 2001 and was converted into public limited company ...
THOUSANDS more taxpayers are moving to Scotland from the rest of the UK every year than leaving, a stark change which is boosting Scotland’s ...
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New income tax law from April 1, 2026: Key changes in ITR deadlines, STT, TCS and tax rules explained
Income Tax Act 2025 to Take Effect from April 1, 2026: Major Changes for Taxpayers India’s direct taxation system is set to ...
Bank of America has tentatively settled a lawsuit claiming it ignored suspicious financial transactions involving Jeffrey ...
WYOMISSING, Pa. – A proposed 22% property tax increase for 2026 is now off the table. Wyomissing Borough Council voted down the budget Tuesday night after a packed meeting and strong pushback from ...
The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...
READING, Pa. – As promised when the 2026 budget was presented in November, the Berks County Commissioners voted Thursday to adopt a $690 million spending plan with no tax increase. The county tax rate ...
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