After filing your tax return, SARS issues a Notice of Assessment (ITA34), which summarises their calculated tax payable or refundable. If SARS identifies any discrepancies or issues an additional ...

Himachal Pradesh High Court held that rejection of GST appeal without assigning specific reasons for the rejection thereof is not sustainable in law. Accordingly, matter restored back to Appellate ...

Delhi High Court upholds a ₹285 crore penalty against a GST consultant involved in a large-scale fake Input Tax Credit (ITC) ...

The ITAT Delhi has nullified a tax assessment against SEH Realtors Pvt. Ltd., ruling that the Section 153D approval was granted mechanically without due application of ...

For over a year before the November 2024 presidential election, Donald Trump had been signalling plans to impose across-the-board tariffs if he won the United States presidency. Trump was elected on ...

The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.

A group of Maryland lawmakers is calling on the IRS to expedite federal tax refunds for individuals who are facing financial ...