ITAT Bangalore held that penalty under section 271B of the Income Tax Act for delay in uploading ... of sub-Section (1) of section 271, section 271-A, section 271-B, sub-Section (2) of section 272-A, ...

materials from the 2024 Nationwide Tax ... penalties associated with non-compliance. Part of this process means choosing the right tax advisor. This is critical for those dealing with foreign ...

With the government’s income-tax slab system (under the new regime) acting broadly as a benchmark, this is how slab-based penalties could work: Slab A: If the vehicle owner’s annual income is ...

CBIC said that in cases where the tax demand notice only pertains to interest or penalty, the taxpayer is eligible for relief under 128A of the Central GST Act. This section offers relief from ...

The Federal Tax Authority (FTA) has clarified that taxpayers failing to pay the due corporate tax for each month or part thereof shall be subject to a monthly penalty of 14 per cent per annum.

total annual income and total deductions. The tax calculation according to the details entered by you will appear in the Tax Summary section. Step 5: In the Advanced Calculator tab, you need to ...

Some 739,000 taxpayers were still waiting for the IRS to unfreeze their federal income ... a penalty of $5,000. This year, the IRS said the agency is introducing a new form for the Fuel Tax ...