The Treasury Department said in an October report to Congress that participation in the Direct File program was low and the ...

Taxpayers are more likely to come forward to the Canada Revenue Agency (CRA) about unpaid taxes under the agency’s revised ...

'Filing a nil ITR serves as a formal declaration to the tax authorities that your earnings fell below the taxable threshold in the given financial year, and you had no tax liability during that period ...

ITAT Ahmedabad remanded the case of a charitable trust whose exemption claim was rejected owing to mismatched registration details, directing a fresh decision after hearing the ...

Tax policy experts say that while this year’s budget has 'not a lot for the average person' in terms of tax policy, some ...

Additions of unsecured loans were sustained where creditworthiness was not proved, and relief upheld only for creditors who responded to notices under section 133(6) or furnished adequate ...

Generally, trusts are deemed to have disposed of their property at fair market value every 21 years. The budget proposes to ...