Delhi High Court held that imposition of penalty under section 271DA of the Income Tax Act is justifiable since there is no inordinately and inexplicably delay in initiation of penalty proceedings.
New Delhi: The new Income Tax Bill will be taken up for discussion in the Monsoon session of Parliament, Finance Minister ...
The government is set to introduce the Income Tax Bill, 2025, for discussion during the Monsoon session of Parliament, ...
Sen. James Lankford (R-OK) has introduced a bill that would change the calculus by allowing oil companies to deduct some of ...
The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala ...
The process for converting an LLP to a Private Limited Company involves several key steps. Here’s a breakdown of the process: Unanimous Consent: All partners must unanimously agree to the conversion.
The ministry’s response to the Oil and Gas Governance Network was factually incorrect and legally flawed. It claimed that companies in Guyana are required to ...
A Bloomberg Tax survey found that more than 4 in 5 respondents are moderately to very worried about the potential sunset of ...
Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are six strategies they use to do that.
Income tax law will change this year, and it will be dramatic. Though the crystal ball right now is fairly cloudy as to the ...
On March 21, 2025, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) released an interim final rule (Interim ...
Cheryl-Ann Lister will hold the first chair of the new Corporate Income Tax Agency, a ministry-level public authority ...