The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting requirements for third-party payment networks under the One, Big, Beautiful ...

The Tribunal held that the DTAA overrides the Income Tax Act, and income taxed abroad cannot be taxed again in India. The ITAT rejected the view that authorities lack power to condone delay, allowing ...

Jeromy Farkas took the oath of office and was sworn in alongside a new Calgary city council that has the largest class of ...

The issue was the summary dismissal of the taxpayer's appeal by the CIT(A) for non-compliance, despite giving only a one-day ...

Where inspection reports and material evidence establish non-functional business activity and assessee failed to avail ...

A trail of debts that persisted during Jim Justice’s time as West Virginia’s governor has followed him to the U.S. Senate.

ACA insurance rates in Wisconsin will rise by 45% to 800% for 2026, depending on where a person lives, Gov. Tony Evers ...

An out-of-state dark-money group is spending an untold amount of money on ads taking aim at City Council incumbents Maggie ...

ITAT Mumbai ruled that a tax demand raised due to a typographical or inadvertent error, without any malafide intention, is invalid. Tribunal observed that assessee should not suffer unnecessary ...

The ITAT Pune quashed reassessment proceedings, ruling them void ab initio because the requisite approval under Section 151(ii) was granted by the Principal Commissioner of Income Tax (PCIT) instead ...

The West Bengal Authority for Advance Ruling (AAR) clarifies that Cotton Seed De-oiled Cake (HSN 2306) is fully exempt from ...

And in this unlikely moment of triumph, its most powerful proponent has laid bare the paradox at the heart of this brave new ...