Your wrong tax refund claim can raise a red flag leading to tax notices and even jail in case of under-reporting of income; here’s how to avoid it

Employees who attempt to cheat the system with bogus tax deductions risk facing severe repercussions. The Income-Tax ...
Tax Guru

Bombay HC condones delay in Filing Form 10B Due to Pandemic Hardship

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 ...
Tax Guru

ITAT Condones 972-Day Delay Citing Bona Fide Belief & Age of 71-Year-Old Assessee

ITAT held that the delay in filing appeal was caused by genuine reasons, including the taxpayer’s age and misunderstanding of online procedures. The case was remanded to CIT(A) for fresh adjudication ...
fox17

Tennessee one of four states without property tax limits, calls grow for reform

NASHVILLE, Tenn. (WZTV) — There are no limits on property tax increases in Tennessee — one of only four states in the country without any cap. It hasn’t always been a problem, but as property values ...
Patriots Wire

Property tax overhaul could give state more muscle over cities and counties

Florida Gov. Ron DeSantis is pushing to eliminate local property taxes on primary residences in the state. Critics warn this could lead to fewer local services and give the state more control over ...
The Texas Tribune

What we know about Texas colleges reviewing courses amid push to limit gender identity instruction

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