Under Section 195 of the Income Tax Act, the buyer is required to deduct tax at source at 12.5 percent if the seller is a non ...

A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...

Industry body urges filling vacancies, simplifying TDS structure, and granting tax neutrality for fast-track demergers to ...

The Tribunal upheld that a provision made for arrears of VDA, PFD, and HRA pursuant to a High Court directive represented a ...

As the Modi government gears up for Budget 2026-27, taxpayers across India are hoping for meaningful relief, easier compliance, and clarity before the new Income Tax Law kicks in from April 2026. Here ...

Getting your Section 80C and 80D investment proofs organised in November can help you avoid last-minute chaos, as most generally seek relevant documents in December and January.

The government is finalising a major GST overhaul with automated refunds, pre-filled returns, and analytics-based scrutiny to ...

If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...

CBDT extends Tax Audit Report deadline to Nov 10, 2025, and ITR for non-TP audit cases to Dec 10, 2025. TP cases must file ITR by Nov 30. File the audit report first to avoid S 271B ...

Two playoff rivals square off this weekend highlighting another thrilling week of NFL action. See the full schedule.

On remand from the Eighth Circuit and after the Supreme Court held in the case that the Sec. 6330(d)(1) period for filing a Tax Court petition for a review of a Collection Due Process determination is ...

When Lehigh takes the field at Goodman Stadium on Saturday for its noon game against Georgetown, and Lafayette enters Fitton Field in Worcester, Mass., to play Holy Cross an hour later, it’s ...