Two months into the new fiscal year, the government of Guam continues to collect tax revenues exceeding projections, but ...

The tribunal ruled that buying property through a court-supervised auction does not shield a transaction from benami law.

The ITAT held that registration cannot be denied based on an incorrect interpretation of trust objects. Where amended deeds and clarifications exist, authorities must examine them before rejecting ...

The Tribunal ruled that unexplained money provisions cannot be applied on conjectures when the source of cash is reasonably explained. With no dispute on withdrawals and savings, the ...

The Tribunal examined whether an assessment ignoring a clear mismatch between turnover and TCS data could survive. It held that absence of enquiry on such discrepancy renders the order erroneous and ...

The amount, worth Rs 311.67 crore, is to be transferred to the official liquidator for disbursement to former employees of Kingfisher Airlines, it said.

The Central Government has notified a reallocation of territorial jurisdiction among four Debt Recovery Tribunals (DRTs) in ...

ITAT Delhi held that long-term capital gains cannot be treated as bogus merely on market suspicion or SEBI alerts without concrete evidence of ...

The Tribunal found that statutory procedures for issuing demand, possession, and sale notices were properly followed by the bank. It observed that the borrowers provided no valuation report or ...

A federal judge has blocked the Internal Revenue Service (IRS) from handing over the home address information of taxpayers who may be undocumented to Immigration and Customs Enforcement (ICE). U.S.

A federal judge on Friday prohibited the Internal Revenue Service from sharing sensitive taxpayer data with ICE to aid its nationwide immigration crackdown. U.S. District Judge Colleen Kollar-Kotelly ...