This paper discusses the three schools of thought regarding ‘income’ in such cases, the first one that says there must be entry of cost price in the revenue column thereby leading to cancellation in ...

5. The Ld.AR submitted that the Ld.CIT (A) has passed ex-parte order, therefore, the matter may be remand back to the file of the Ld.CIT (A) for proper adjudication of the issue on merits. 6. The ...

Filing your Income Tax Return (ITR) is an important obligation for every taxpayer in India. However, if you miss this deadline, it’s crucial to understand the consequences, including potential ...

Learn if you can file your state taxes before your federal taxes, and understand the steps and requirements involved.

The IRS has announced the official start of tax season. Learn what you need to know to get your returns filed on-time, ...

Tax season 2025 starts January 27. Missing the April 15th deadline can result in penalties and interest on unpaid taxes.

The Illinois Department of Revenue (IDOR) announced they will begin accepting and processing 2025 tax returns on Monday, ...

As a result of the wildfires in Los Angeles County, California, on January 10, 2025, the IRS extended substantially all tax filing and payment ...

We at the Buchalter law firm understand that many have suffered greatly as a result of the recent wildfires. The loss of life ...

The beginning of tax season opens a 78-day window for over 140 million taxpayers to file individual tax returns for the 2024 ...

Business owners must think about filing taxes next year in January of this year. This includes whether an LLC is going to ...

The IRS announced the date tax season will begin, along with key changes taxypayers will see this year. Here's what you should know.