You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.

If you've received an audit from the Central Collections Agency and thought no big deal, think again, because now you may ...

The Court condoned a 31-day delay in filing Form 10B after finding the reasons bona fide and linked to COVID-19 disruptions. It set aside the rejection order and directed reprocessing of the return ...

ITAT Delhi ruled that validly filed Form 10-IC ensures eligibility for Section 115BAA concessional tax rate. Key takeaway: timely filing secures lower corporate tax in subsequent ...

The Bombay High Court condoned a 338-day delay in filing Form No. 10 for income accumulation under Section 11(2), holding that genuine hardship justified relaxation of procedural ...

The CIT(A)’s assumption of delay was corrected, restoring the appeal for adjudication. The ruling reinforces that statutory timelines are calculated from actual notice, ensuring fairness in tax ...

The Court held that the impugned GST notice and adjudication orders suffered from multiple legal defects and quashed them. Authorities can issue a fresh notice, with limitation suspended for the ...

As SCOTUS weighs the legality of the Trump administration's tariffs, here's the latest on your potential $2,000 stimulus ...

The Orissa High Court set aside a GST order of Rs.17.89 lakh after the tax periods in the adjudication did not match the show-cause notice, remitting the matter for fresh ...

The Delhi High Court, while examining whether pre-consultation prior to a GST Show Cause Notice was mandatory or ...

Since the CIT(E) had already accepted the assessed income by issuing Form 4 under the DTVSV Scheme, initiating revision later was held impermissible. Key takeaway: once settled under DTVSV, the ...

A CNN investigation reveals new details about a little recognized participant in a booming Chinese market for underground cash: American casinos.