W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet.

Tax season is officially underway! Here are an expert's tips on how to start, common misconceptions, and how to find some ...

JCIT (A) upheld the CPC’s action, stating that under section 115BAC, once the option for the new regime is exercised, it cannot be withdrawn for the current year, only for subsequent years. However, ...

GST Demand and Recovery (DRC) forms are necessary for: Communicating tax liabilities and disputes between taxpayers and the GST department. Ensuring compliance and facilitating voluntary payments by ...

ITAT Chennai held that Form 56F not signed by an accountant, as referred in section 10A (5) of the Income Tax Act, is defective and hence deduction under section 10A of the Income Tax Act not ...

The government’s representative, upon investigation, confirmed that the assessment order did not contain the signature of the ...

State of Bihar, quashed the GST order issued against the petitioner. The petitioner challenged the order dated April 27, 2024, and the corresponding summary of the order in GST DRC-07, arguing that ...

The income tax law review is work in progress. What more could be done to simplify tax laws? Till the time the new income tax ...

Summary: The Telangana High Court ruled on a petition filed by Krishna Automotives, challenging an order dated December 27, ...

Moreover, the tribunal addressed the issue of immunity sought by DACSS Granites Pvt. Ltd. under Section 270AA (2) of the Act.

As is evident, the revenue is aggrieved by grant of foreign tax credit (FTC) despite the fact that Form No.67 was not filed by the assessee within due date of filing of return of income. Having heard ...

On December 30, 2024, the US Department of the Treasury and IRS issued final regulations providing guidance on tax reporting requirements ...