The Tribunal held that once sales are accepted, corresponding purchases cannot be treated as bogus. Disallowance based only on supplier non-compliance was held ...

Non-resident Indians (NRIs) selling property face significant fund blockage due to complex tax regulations, urging for ...

Even allegations of bogus transactions cannot survive if reassessment is legally defective. Proper statutory approval is a condition precedent for ...

Foreclosure pressure is spreading across the country, but a cluster of states and cities are feeling the strain most acutely, ...

Starting Jan. 26, all taxpayers, including those with an AGI above $89,000, can use the Free File Fillable Forms. As detailed ...