ITAT Mumbai quashed reassessment for AY 2017-18 as notice issued after three years lacked mandatory sanction under Section ...

Emphasising strict compliance, the Tribunal ruled that assessments under section 153A without prior section 153D approval are invalid. Cross-objections became infructuous once Revenue appeals were ...

President Donald Trump is suing the IRS and Treasury Department for $10 billion, as he accuses the federal agencies of a failure to prevent a leak of the president's tax information to news outlets ...

Separate reports from two federal oversight bodies warn that the IRS may struggle to maintain service levels between now and April 15, possibly causing delays in tax refunds and in getting answers by ...

The national taxpayer advocate says the 2026 tax filing season is likely to face significant challenges due to IRS workforce ...

Gov. Dunleavy suggests 4% summer statewide sales tax, falling to 2% in winter; many municipal exemptions and caps would go ...

Eight of the 20 athletes implicated in an NCAA point shaving scandal played for Louisiana colleges. Did the state’s legal ...

The pick-up tax allowed states to share in federal estate tax proceeds without increasing estate liability and was phased out ...

Nearly 23 million Americans get health insurance through one of the online “exchanges” (also called “marketplaces”) that ...

WASHINGTON (AP) — Days before the 2026 tax filing season begins, the head of the IRS announced a shake-up Tuesday, saying the ...