Millions of workers saw bigger refunds or smaller tax bills after claiming a new overtime deduction. But some ask why so many ...

ITAT Mumbai deletes penalty under Section 270A as quantum addition was fully removed. Held that no under-reporting exists when assessed income equals returned income and TDS details are already on ...

ITAT Bangalore quashed Section 263 revision, holding that AOs acceptance of FMV based on valuers report was a plausible view after enquiry and non-reference to DVO or non-initiation of penalty cannot ...

Plus: Nobody likes a tax collector, how to pay your tax bill, tax refunds, filing statistics, remittance taxes, Taxes From A ...