The Gujarat High Court has allowed writ petition by Pfizer, a pharmaceutical major against the Value Added Tax (VAT) Tribunal order that expressly barred the consideration of any additional ...

Under income tax rules, when you buy a motor vehicle worth more than Rs 10 lakh, the seller is required to collect TCS at 1% ...

Some news nonprofits are directly challenging the traditional classification of advertising revenue as unrelated business ...

A state legislative committee is eyeing cutbacks in $30 billion worth of tax credits and tax exemptions to offset the ...

Prism Johnson Limited has announced a favorable outcome in a legal dispute concerning the denial of issuance of Forms C for procuring High Speed Diesel at a concessional rate. The Madhya Pradesh High ...

Translation: Only about a quarter of crypto investors are likely voluntarily complying with their tax obligations. But that ...

The ruling holds that non-monetary benefits on which TDS is deducted qualify as consideration for support services. It affirms that such benefits constitute taxable supply under ...

Ready-to-drink coffees are more popular than ever, and they’re supposed to be exempt from sales tax in Florida. But we found some of the biggest convenience store chains are charging that tax.

ITAT Rajkot held that cash reflected in 26AS represents pass-through freight receipts, not actual turnover. Commission income below the audit threshold, hence tax audit under section 44AB was not ...

Advisors can use the One Big Beautiful Bill Act in three types of strategies under the new tax environment that the bill creates.

Jamestown City Council members are expressing concern over the city’s shrinking surplus. They’re right to be concerned. The city should have roughly two months’ worth of savings to be able to keep the ...