Filing a fraudulent tax return and hoping to correct it later with an amended return is risky. The fraud is not purged, but ...

A tax return is considered defective if it is submitted without all the requisite information or documentation mandated by ...

The Kenya Revenue Authority (KRA) has reduced the time it takes to process Value Added Tax (VAT) refunds by 59.8 per cent, ...

Whether it's cash from a side project or profit made selling a second home, any untaxed income from the 2023-24 tax year must ...

In case of re-development, capital gain tax is required to be paid in the year in which certificate of completion is issued ...

Punjab and Haryana High Court held that interest can be waived in case the circumstances are beyond the control of the assessee in filing return in time. Accordingly, interest u/s. 234-A of the Income ...

With the deadline for filing fast approaching, Catherine O’Neill, tax director, and Ian Prenty, tax partner of Deloitte ...

Japan is enjoying a boom in visitor numbers and spending. Behind the scenes, however, tax evasion through abuse of ...

An individual can claim income tax refund while filing their income tax return. However, it may happen that the taxpayer ...

Preparation for the coming tax season is something that can be done slowly throughout the entire year prior, not just the few ...

The Low Income Tax Reform Group (LTRG) has accused HMRC of failing to do enough to make online sellers aware they may need to ...