During the scrutiny assessment, the AO identified cash deposits amounting to Rs. 6,31,00,000 made during the demonetization period. Citing these deposits and other discrepancies, the AO rejected the ...

For example, one of Dimov Tax’s clients received compensation in the form of salary, bonus, RSUs, and ISOs. She reached out ...

During the assessment proceedings under section 143(3) of the Income Tax Act, 1961, the AO identified cash deposits totaling Rs. 33 lakhs in the company’s bank account. The assessee explained that ...

Either way, taxes would fall far short of what Congress spends, even with the Medicaid cuts that the House favors. The result ...

It is getting a little difficult to talk about a post-tax filing season after April 15, 2025. With the use of tax extensions ...

Trump's big beautiful bill gets crucial vote to move on. What to know about reconciliation bill details: no tax on tips, ...

This approach was set out in a media statement in April 2018 when Sars noted that it will continue to apply normal income tax rules to cryptocurrencies and will expect affected taxpayers to ...

ENCINITAS, Calif. — A federal judge has preliminarily ruled that the Encinitas Union School District must notify parents before teaching books about gender identity and allow them to opt out ...

IT’s that time of the year again ... income tax filing time. I have been receiving numerous calls with queries on taxation matters ... such as on deductibility of expenses, taxability of fixed ...

A comprehensive guide to income tax legislation, this book is the second of two volumes dealing with tax legislation from a comparative law perspective. Distilled from the IMF Legal Department's ...

Though it’s a delight to receive gifts, many of them may increase your tax burden. While filing the income tax return (ITR), it’s important to remember that gifts — often a sign of goodwill and ...