Would using a tax-preparation software application make better sense for your business than paying an outside accountant?

Section 247 of the Income Tax Bill, 2025, prescribes an authorised officer to gain access by 'over-riding' the access code of ...

Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security ...

Tax season usually brings a refund check for most workers, but if you're retired, you could wind up owing the IRS.

Starting April 1, 2026, the income tax department will have the authority to access social media, emails, and other digital ...

The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, and it is not aimed to ...

India's Income Tax Dept will have access to social media, bank accounts and online platforms from April 1, 2026, to detect ...

ITO (ITAT Bangalore), the tribunal addressed the addition of ₹12 lakh under Section 68 of the Income Tax Act, related to cash deposits during the demonetization period. The assessee, engaged in the ...

The revenue argued that the cash and stock should be treated as unexplained investments, citing a Madras High Court ruling in SVS Oil Mills. However, ITAT found that the facts differed since Raj ...

As the IRS faces mass layoffs, Democrats warn that "wealthy tax dodgers" could benefit from fewer compliance staff. The ...