Business owners have until July 31 to e-file Q2 Form 941 or face penalties up to 25%, and TaxBandits offers a fast, compliant solution to avoid them.

Filing beyond this date will lead to a penalty of ₹5,000 (if income exceeds ₹5 lakh) and ₹1,000 for lower income groups under ...

The president of the Arizona Senate is trying to undo tax incentives designed to lure Hollywood producers to Arizona.

ITAT Mumbai sets aside income tax penalties on an MTNL employee, citing no additions in reassessment and the discretionary nature of penalty imposition under Sections 271(1)(c) and ...

The addition of Rs.0.58 Crores as made for cash deposit in the account of IJF with respect to Maheshwari Brothers Coal also stand deleted on same logic. The corresponding grounds of appeal stand ...

"The President is vested with the discretion to determine whether an exigency requiring military aid has arisen." The post ...