The case addressed the disallowance of Rs.1.89 Cr, which the AO treated as a donation to other trusts and deemed income under S 11(3). The ITAT deleted the addition, ruling that payments made to other ...

ITAT Mumbai held that capital gains cannot be treated as unaccounted income under section 68 of the Income Tax Act since AO nowhere proved that assessee himself was involved in price rigging of any of ...

Austin’s proposed 20% property tax increase contrasts sharply with Houston's austerity approach. Why are two blue cities ...

The nationwide Special Intensive Revision of voter rolls announced by the EC—with the Bihar leg already done—has rekindled ...

IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...