The reassessment was initiated for AY 2013-14 using reasons recorded for AY 2012-13. ITAT held that reopening for the wrong year is void, causing the entire Section 147 assessment to ...

Capital gains arose from land compulsorily acquired by a government authority. ITAT directed the AO to re-examine eligibility ...

While the Supreme Court reported a lower disposition rate in 2025, with only 19 percent compared to 22 percent in 2024, it ...

Private-equity partners who spend their days arbitraging tax codes and capital structures are increasingly applying the same ...

With Abigail Spanberger set to become governor, Virginia Democrats enter the 2026 General Assembly session with control of ...

While the IRS Direct File program has been shut down, there are still ways to file your taxes for free. Here's what to know.

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

IRS urges taxpayers to prepare now for the 2026 filing season with new rules, filing tips and major changes that could save ...

Taxpayers could be stretched to new limits in 2026 as complicated new tax breaks kick into place on 2025 federal income tax returns.

A W-2 form is an important tax paper from your employer. It shows your yearly income and the taxes already paid. You need it ...

The IRS said it will begin accepting business tax returns electronically next week. No date has been announced yet for individual tax returns.

Netflix just released its TV slate for 2026 — but several shows are noticeably missing from the list. Ben Robson and Heidi Engerman were also added to the cast as recurring guest stars and are ...