The Tribunal held that after expiry of three years, sanction must be obtained from the authority specified under Section 151(ii). Since approval was taken from PCIT instead of PCCIT, the reopening was ...

The Tribunal held that reassessment for AY 2015–16 was barred by limitation as the Section 148 notice was issued beyond the permissible period. It ruled that TOLA did not extend the time limit and the ...

The new plan retreats from some ambitious projects but aims to deliver tangible improvements in the near term.

Learn about the Indian Employment Credit, a tax initiative rewarding companies for hiring enrolled tribe members or spouses on reservations, up until 2021.

The High Court has dismissed an application by troubled petroleum dealer Hashi Energy, seeking to table additional documents as the firm fights a tax demand of Sh7.1 billion.The court rejected the ...

Gov. Josh Shapiro on Tuesday pitched a $53.3 billion state budget for the 2026-27 fiscal year that will in many ways serve as ...

A veteran tax expert breaks down the costly penalties and IRS consequences young adults face when they skip filing their taxes.

Isle of Man-based Strix (KETL), a maker and designer of kettle safety controls and components for water heating and filtration products, has transformed its balance sheet and is a much lower-risk ...

By clicking a retailer link you consent to third-party cookies that track your onward journey. This enables W? to receive an affiliate commission if you make a purchase, which supports our mission to ...

Representation of women and minorities in academic leadership is growing. Learn why a diverse faculty and board is important for institutions.

The amended version focuses on stricter county compliance with required audits and possible assistance from the Office of the State Auditor.

Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, ...