Tag:

Taxpayer

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...

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...