If you work as an employee, you’ll encounter two forms in the course of your employment: Forms W-2 and W-4. Your W-2 will report your earnings, benefits paid, and taxes withheld each year while the ...

President Donald Trump’s administration is urging states to follow its lead by enacting a slew of new tax breaks for ...

The ITAT held that filing Form 10B on the extended due date, especially during COVID-19 relief periods, cannot by itself defeat Section 11 exemption. Procedural delay cannot override substantive ...

The ITAT held that a deduction under section 80JJAA cannot be denied merely because Form 10DA was partially invisible on the tax portal. The issue was remanded for limited verification now that the ...

Delhi High Court held that denial of benefit of Input Tax Credit [ITC] due to non-filing of TRAN-1 not justified since the ...

A calendar to help plan fiduciaries track important due dates for their retirement plans, given annual updates and changes.

Trump reclassified marijuana as a Schedule III drug. Does that finally end Florida's battle over recreational use?

The ITAT held that cancellation of provisional registration merely for non-compliance with notices is unsustainable when lapses are not deliberate. The case was remanded to allow the applicant a fair ...

The ITAT held that documented share transactions through recognised exchanges cannot be treated as bogus without contrary proof. General investigation reports and suspicion were held insufficient to ...

Discover how voluntary liquidation allows shareholders to dissolve a company, terminate operations, and settle debts, all without court intervention.

The ITAT held that reassessment issued after three years is void if approval is taken from an incompetent authority. Wrong sanction under section 151 renders the entire reopening unsustainable in ...

Learn how clearance certificates ensure all tax liabilities are settled during business transfers or estate resolution, and discover their usage across various jurisdictions.