Tag:
Taxpayer
GST
Technical Glitch Linked to Waiver Scheme: Taxpayer Unable to Upload Reply on GST Portal
A serious technical glitch on the Goods and Services Tax (GST) portal has once again come under scrutiny, as a taxpayer attempting to respond...
Columns
Understanding TDS: What Every Taxpayer Needs to Know
The Income Tax Department continues to emphasize the importance of Tax Deducted at Source (TDS), a key compliance mechanism aimed at ensuring timely tax...
Direct Tax
Taxpayer Declared More Tax Than Due, Still Denied SVLDRS Relief: Bombay High Court Intervenes
In a classic case where the taxpayer has declared more tax than due under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDRS), the Bombay...
International Taxation
Corporation’s Net Income To Be Considered As Taxpayer’s Income Even Though Not Received By Him: US Tax Court
The United States Tax Court has held that the corporation’s net income was the taxpayer’s even though he’d received nowhere near that amount in...