A Dubai-based NRI who bought a ₹2 crore flat in Mumbai without filing an ITR in India received a tax notice treating the ...
In many instances, the taxpayers are alleged to have sought tax relief by reporting bogus donations to religious bodies, ...
The Massachusetts Department of Revenue has issued a warning about changes to U.S. Postal Service procedures that could delay postmark dates and cause missed deadlines. This has significant ...
A high-income taxpayer’s Rs 10.65 lakh wrong deduction claim resulted in a Rs 9.44 lakh additional tax demand, including a steep 200% penalty. With scrutiny of Rs 50 lakh+ earners rising, experts warn ...
The Delhi High Court held that issuance of notice within limitation is sufficient, and an inadvertent attachment of another assessee’s document is a curable defect, not a jurisdictional ...
Tax professionals warn that IRS wage garnishments may rise unexpectedly as penalties and interest accrue IRVINE, ...
South Carolina taxpayers face potential discrepancies in their returns due to state lawmakers' delay in aligning state tax laws with recent federal changes.
High salary earners are receiving 'nudge' notices from the Income Tax Department. These notices prompt employees to correct errors like undeclared property income, crypto gains, and ESOPs. The ...
TaxRock details how its AI tax compliance platform reduces reliance on reactive IRS monitoring for accounting firms, ...
An NRI man earned Rs 44 lakh salary abroad and deposited it in his NRE account. The Income Tax Department issued a notice, but the Income Tax Appellate Tribunal (ITAT) Ahmedabad ruled in his favor.
O'Connor discusses the Texas reassessment and how to prepare for the property tax appeal season. HOUSTON, TX, UNITED ...
Returns can be rejected for a range of reasons, and fixing the problem quickly is key to getting your refund.