The ITAT Pune has quashed a reassessment notice for AY 2015-16, citing the Supreme Court's concession that notices issued after April 1, 2021 are time-barred and ...

The Delhi ITAT has quashed a reassessment based on "borrowed satisfaction," ruling that the tax department acted without independent inquiry and on suspicion, not tangible ...

Coined to describe cases in which one parent deliberately undermines the child's relationship with the other parent, the term is frequently weaponized against protective parents ...

The IRS has released drafts of some 2026 tax forms, including a draft of Form W-2. The changes are intended to address tax reporting updates, particularly for tipped and overtime workers.

Plus: A look at Form W-2 changes, private equity is eyeing your retirement accounts, protecting students from back-to-school scams, football news, tax trivia and more.