Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.

Delhi ITAT partially allows Rohit Goel's appeal against ACIT, addressing unexplained cash deposits, out-of-book purchases, and assessing income based on bank ...

Accordingly, the Petitioner preferred an application u/s. 119(2)(b) of the Income Tax Act, 1961 on 23.03.2020, seeking condonation of delay in filing the return of income for Assessment Year 2017–18, ...

BlackRock Credit Allocation Income Trust offers a high 9.4% yield and trades at a discount to NAV. Find out why BTZ is a Hold ...

Seeking shelter; please be Gentle; where the heart is; and other highlights of recent tax cases. The Internal Revenue Service ...

During the first quarter of 2025, the NYLI Mackay High Income ETF (the “Fund”) outperformed its benchmark. Click here to read ...

New Tax Regime Income Tax Slab Rates for FY 2024-25 Those who are filing ITR for AY 2025-26 (FY2024-25), they will file their tax returns based on the tax slabs existed before February 1, 2025.

Switzerland has been actively sharing details about accounts of Indians suspected to have indulged in financial wrongdoings ...

In our Asia Transfer Pricing Brief for Q1 2025, we present the latest updates on transfer pricing in Thailand, Sri Lanka, and ...

Note: Rebate under Section 87A is available for taxable income up to Rs 5 lakh (i.e., no tax liability if total income is within Rs 5 lakh). What Is the New Tax Regime? Introduced in Budget 2020 and ...

More than 700 ETFs launched last year, including ones that hold crypto or make leveraged bets on individual stocks like ...

You may have heard about the taxation issues that NHL star hockey player John Tavares and others (such as retired future Hall ...