Answer: Sales tax was a deduction until the 1986 Tax Reform Act “simplified” the tax system. The 2004 Jumpstart Our Business ...

TDS on sale of immovable property by a non resident is proposed to be deducted and deposited through resident buyers and his ...

The issue was whether the full value of alleged bogus purchases could be added to income. The Tribunal upheld that only the profit element embedded in such purchases is taxable, not the entire ...

A man who sold agricultural land for Rs 5 crore and reinvested the gains into a new plot in his wife's name was denied capital gains tax exemption under Section 54B. The Income Tax Appellate Tribunal ...

The Union Budget 2026 has proposed simplifying tax compliance for property transactions involving non-resident sellers by allowing resident buyers to .

FM Sitharaman also proposed a six-month disclosure window for small taxpayers—such as students, technology professionals and ...

The ruling clarifies that if purchases, stock, and trading results are accepted and books are not rejected, sales proceeds cannot be taxed as unexplained cash ...

Govt eases tax compliance for individuals buying property from non-residents. No TAN needed, use PAN for TDS reporting.

Wondering what tax relief you qualify for? Learn about IRS tax relief programs, credits, deductions and payment options based ...

The diligence and attentiveness of Lawrence County’s controller will save the county money with a new Amazon Business account ...

From collectibles rules to capital gains, gold investors could face unique tax hurdles this tax filing season.

TL;DR: Get lifetime access to QuickBooks Desktop Pro Plus 2024 for $199.97, 71% off. If you’re a small business owner, you’ve ...