ITAT Kolkata held that mere non-production of director cannot be the ground for making any addition in the hands of assessee under section 68 of the Income Tax Act. Accordingly, appeal of the revenue ...

However, ITAT Mumbai overturned this decision, noting that the appellant had already declared the amount as business income and provided relevant documentation, including PAN and bank details of Mr.

Understand the differences and compliance requirements between these two critical US tax regulations for reporting foreign ...

The IRS has ramped up its enforcement measures against taxpayers who repeatedly ignore notices about their tax debts.

The text reads, "You are eligible to receive a $1,400 Economic Impact Payment. Please provide your accurate personal ...

If you have jointly filed your tax return, you may be able to limit how much of the joint refund is reduced. The IRS says ...

Our Citizens Bank Savings rates review analyzes Citizens Bank savings interest rates, fees, account options, online banking ...

The fraudulent text message claims the IRS has selected you to receive a $1,400 stimulus check and asks for your personal information to deposit the money into your bank account within two days. This ...

A Roth 401(k) allows you to contribute money toward your retirement with protection from tax rate increases in the future. See if this plan makes sense for you.

SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each ...

The income tax department is intensifying scrutiny on Indian taxpayers with offshore real estate holdings, particularly in ...

The IRS issued a news release urging taxpayers to be careful with their information by choosing a reliable tax preparer and ...