The ITAT relied on orders under section 148A(d) for subsequent years where reopening was dropped, holding the assessee to be a local authority. The earlier additions for unexplained investment and ...

The Tribunal held that failure of the Assessing Officer to verify genuineness of a ₹30 lakh donation under Section 80GGC rendered the assessment erroneous and prejudicial to revenue, justifying ...

KRA has initiated an aggressive push to tighten tax compliance. It dispatched SMS notices to thousands of taxpayers who filed ...

This article discusses all of the various standard deduction amounts for 2026.

New Delhi, Feb 12, 2026 (ANI): All India Majlis-e-Ittehad-ul-Muslimeen (AIMIM) chief and MP Asaduddin Owaisi on Wednesday ...

Sen. Bill Hagerty, R-Tenn., filed a formal complaint against Verizon on Monday after the carrier handed over his phone data to the Biden-era Department of Justice during its probe of President Donald ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet. Credit...Joanne Joo Supported by By Tara Siegel ...

The old tax regime refers to the income tax calculation and slabs that existed before the introduction of the new tax regime in 2020. Old tax regime has higher tax rates, but taxpayers get exemptions.

Fulton County, Georgia officials are taking to the courts to demand the return of 2020 election materials seized during a Federal Bureau of Investigations raid at the end of January. Federal ...

Fulton County has filed a lawsuit challenging last week’s FBI raid on an elections warehouse, County Commission Chair Robb Pitts announced Wednesday. The lawsuit, which Pitts said was filed in federal ...

Tax season officially began last week and American taxpayers who are due to receive tax refunds are likely to see them reach their accounts within a few weeks, depending on how they filed their ...

Lawyers for Fulton County, Georgia, are planning to file a lawsuit in federal court Monday against the FBI and the Justice Department over a search warrant that the FBI executed at an election hub ...