Sweeping tax overhaul in Louisiana hits snag on sales tax expansion
But House lawmakers voted 71-23 to make a temporary 0.40% sales tax increase permanent. Lawmakers shaved off 0.05% to bring ...
Sotheby's settles New York tax fraud case, pays damages
Sotheby's will pay $6.25 million and adopt reforms to settle New York Attorney General Letitia James' lawsuit accusing the ...
Tax Guru1d
Addition u/s. 69A quashed as nature and source of deposit clearly established: ITAT Nagpur
ITAT Nagpur held that the addition made under section 69A of the Income Tax Act towards unexplained money is liable to be ...
U.S. News & World Report4d
Married Couples: Is It Better to File Taxes Jointly or Separately?
Most married couples file a joint income tax return. But there are some cases in which choosing the married filing separately option may be better. There are several tax breaks that married ...
Tax Guru4d
Section 271B penalty quashed as Revenue Misinterprets Gross receipt of agent as Sales
Income Tax Officer (ITO) addressed a penalty imposed under Section 271B of the Income Tax Act due to a turnover exceeding the threshold requiring an audit. Tyagi, a distributor for Mother Dairy, filed ...