The ITAT held that a provisional addition under Section 56(2)(x) cannot be finalized without a Departmental Valuation Officer’s report. The case was remitted to the AO for proper valuation and ...

While Ken Paxton did not allege any wrongdoing, his move is intended to enforce a new law that prevents cities from raising ...

If you want that “up to $7,500” clean vehicle tax credit to come off the price of your EV instead of living as a dream on ...

As a result, the local authority is to become one of the first in the country to introduce the policy, which will see a 100% discount applied if someone in the property is receiving end-of-life care.

Texas cities and counties already face limits on how much revenue they can generate. Local leaders have warned that further restrictions would mean fewer services like parks and libraries.

Tax authorities have uncovered Rs 888.82 crore in undisclosed income during search and seizure operations. Discrepancies ...

U.S. farmers facing steep losses this year welcomed President Donald Trump's $12 billion aid package announced on Monday, but said they would need more than that to fully offset low crop prices and ...

HSBC Holdings is preparing to pay around $300 million to settle a French criminal probe into its alleged role in the “Cum-Cum” tax scandal, Bloomberg News reported on Wednesday, citing people familiar ...

Federal tax prosecutions fell to their lowest level in decades this year, declining more than 27% from the year before as the Trump administration cut the ranks of attorneys and agents who pursue ...

GAO warnings to federal officials have not produced results needed to better protect against ACA enrollment fraud. Alarms ...

Isaac Galvan concealed his finances by having others pay his living expenses, including his rent, and then failed to report ...