The state says insiders bought a telecom business for millions less than it it was worth. Defendants say the time to object was years ago.

For most small business owners, success is typically followed by a substantial tax bill. Here are five things every owner should know.

Despite losing the fortune they had built over generations, Antony's grandparents and father managed to escape Germany in ...

The ITAT reaffirmed that genuine statutory deductions cannot be denied solely due to technical defects or the absence of a specific column in the ITR form. The Tribunal directed the to allow the ...

The Gauhati High Court recently quashed a ₹19.5 crore show cause notice (SCN) issued to food and beverage giant PepsiCo India ...

The ITAT ruled that the CIT(A) cannot set aside a reassessment order framed under Section 147 read with Section 144B, as the limited power to remand only applies to best-judgment assessments under ...

While April 15 was the official deadline for filing a 2024 tax return and paying the bulk of one’s estimated bill, Americans ...

A statute of limitations is a time window in which someone can pursue a legal remedy for a civil or criminal infraction. Learn more about how this applies to investors inside.

ISLAMABAD: The IRIS portal of the Federal Board of Revenue (FBR) remained non-functional on Monday and tax practitioners and taxpayers were unable to file income tax returns for tax year 2025. This ...

KARACH: In a sharp critique of the Federal Board of Revenue (FBR), Salim Valimuhammad, Chairman of the Pakistan Chemical & Dyes Merchants Association (PCDMA), has demanded an urgent extension of the ...

The government shutdown does not extend the October 15 tax filing deadline for taxpayers who requested extensions earlier ...

The National Board of Revenue (NBR) has issued a special order regarding the submission of income tax returns online. According to this order, from the fiscal year 2025-2026, all individual taxpayers ...