LiveLaw4h
Sections 43B & 40A Income Tax Act | Which Provision Prevails When Both Commence With Non-Obstante Clause? Madras High Court Clarifies
The Madras High Court while referring sections 43B and 40A Income Tax Act explained which provision prevails when both ...
Senate awaiting word on reconciliation to push through tax-cut package
Republicans are waiting for news from the Senate's parliamentarian about whether they can use a current policy baseline for ...
Is the government allowed to read your WhatsApp chats under existing income tax laws? Here's what experts are saying
The new income tax bill, effective from April 1, 2026, allows authorized officers to access locked physical and digital ...
Bhutan Broadcasting Service Corporation7h
Nu 4.9 M in unclaimed green tax refunds transferred to government’s account
Unclaimed green tax refunds of nearly Nu 4.9 M have been transferred to the government’s escrow account. During the Meet The ...
GTM Acquires DMA’s State Income Tax Practice
GTM (Global Tax Management), a leading corporate tax services firm, is expanding its expertise and market presence with the ...
The Tax Adviser20h
The complex simplicity of partnership interests exchanged for services
Preventing unwanted tax consequences from compensatory partnership interests requires understanding Regs. Sec. 1.721-1(b)(2) ...
MiBolsilloColombia on MSN2h
Check the conditions: These individuals can withdraw funds from their 401(k) without penalties
A 401(k) is a retirement savings plan offered by many American employers, allowing employees to save and invest a portion of ...
Addressing Tax Policy Challenges For Workers With Disabilities
In this episode of Talk, Kimie Eacobacci of the National Council on Disability details how a 60-year-old revenue ruling can exclude workers with disabilities from standard employment benefits and ...
Tax Guru13h
ITAT Deletes Rs. 2.97 Crore Bogus Expense Disallowance, Upholds 10% for Lack of Records
“1) For that, the Ld. CIT (A) has erred in deleting an addition of Rs.2,97,16,776/- made by the AO as unexplained expenditure u/s 69C of the Income Tax Act although no supporting bills for such ...
Independent Journal Review1h
Senate GOP Looks To Make Headway On ‘One Big, Beautiful Bill’ While Punting Details For Later
Senate Republicans are expected to vote on a budget blueprint this week to advance President Donald Trump’s first-year ...
The Tax Adviser20h
A closer look at the costs of borrowing
Comparison of the accounting and tax treatment of interest expense may reveal crucial differences and lead to best practices ...
Tax Guru15h
ITAT Orders Fresh Review of ST Doctor’s Section 10(26) Income Tax Exemption
Kolkata has set aside the order of the Commissioner of Income Tax (Appeals) [CIT(A)] in the case of ITO vs. Achula Darneichong Sailo regarding income tax exemption under Section 10(26) of the Income ...