The AO added ₹1 crore based on alleged cash receipts from third-party material. The Tribunal held the reopening itself was invalid, so the addition could not ...

The Tribunal held that reassessment notices issued after 1 April 2021 for AY 2015-16 are legally unsustainable. Since ...

H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special ...

The Supreme Court recently struck down the Tribunals Reforms Act, 2021 and underscored the need for a robust and independent ...

Budget presented by the former late finance minister Arun Jaitley marked the beginning of a deliberate shift towards a ...

New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS ...

The cost of health insurance is set to surge for millions of Americans under the Affordable Care Act at the start of the new ...

Finance Minister Nirmala Sitharaman is set to present her ninth Union Budget on 1 February 2026, a milestone moment in her ...

The U.S. Congress adjourned for its holiday break without taking action on legislation to forestall the expiration of tax ...

It is the Christmas season, vacation and spending season as households and companies keep a surplus; income and revenues are ...

Congress opted not to renew healthcare subsidies before breaking for the year, and 140,000 Ohioans are predicted to go ...

Are we really getting a new $2000 stimulus check? Here's when and what to know about Trump tariff dividend check status and ...