The High Court held that refund claims cannot be rejected based on a time limit prescribed only in rules. The ruling restores ...

The issue was whether a deductor can be treated as in default for non-deposit of TDS when the payee has already paid tax on the income. ITAT held that no demand under Section 201(1) survives once the ...

This man paid himself £500m last year – in what world is that moral? - COMMENT: The obscene riches being accrued by hedge ...

Plus: Bonus depreciation is back, opening a Trump account, California’s billionaire tax, Head of Household filing status, ...

A new year means it's almost the start of tax season. Here's how soon you can file taxes and when the deadline is. Plus, see ...