You can’t just claim anything. In preparing to file your income tax return, you will need to save receipts for proof. Here’s why.

Punjab and Haryana High Court held that revisionary proceedings under section 263 of the Income Tax Act on the basis of audit objections raised by audit party justifiable since there was no ...

What is the most significant change to your region/jurisdiction’s tax legislation or regulations in the past 12 months? In my ...

The overarching requirement of “detail” in the taxpayer’s grounds of objection and the requirement that the taxpayer must ...

A tax fraud of two and a half million euros has been discovered by the Guardia di Finanza in the Solofra tanning district.

TFSA users engaging in business-like activities for profit will trigger a CRA audit. The post 3 Big Red Flags That Could ...

The National Rally of Independents (RNI) parliamentary group in the House of Councillors defended Energy Transition and Sustainable Development Minister Leila Benali on Monday following sharp ...

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

However, the tax agency is watching to ensure users do not misuse, abuse or violate the rules. Certain activities raise alarm bells and trigger a CRA audit and assessment. The result could be ...

The International Monetary Fund’s (IMF) mission visiting Pakistan for conducting a Governance and Corruption Diagnostic Assessment has urged the ...

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