Recently passed legislation levies a 10 percent tax on the sale of noncommercial aircraft worth over $500,000.

The Tribunal observed that Form 67 was available before 143(1) processing, making the denial of FTC unjustified. It set aside the appellate order and directed the AO to grant FTC after ...

Taxpayers can now claim new tax regime benefits even if Form 10IC is filed late. The ITAT Mumbai ruled that technical errors ...

In a recent development, a taxpayer residing in the UAE with an income of Rs 4 crore from India found themselves in a ...

The Tribunal held that exemption under section 11 cannot be denied solely for delayed uploading of Form 10B, treating the lapse as procedural and directing allowance of ...

The Court held that pre-deposits and amounts recovered during investigations must be verified before issuing SVLDRS-3. The decision emphasizes the committee’s duty to ensure accurate calculation under ...

Industry observers state that Japan will experience a wave of crypto adoption among retail investors after changes in the ...

The article explains how procedural lapses ex-parte orders, missing notices, and bias—undermine fairness in GST proceedings. It stresses that restoring natural justice is essential for taxpayer ...

Need tax relief in New Jersey? Our top picks include Larson Tax Relief, Community Tax and Fortress Tax Relief. Compare local reviews and more.

The appellate court holds that the Sec. 6213(a) deadline for filing a Tax Court deficiency petition is nonjurisdictional and ...