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The Department of Agriculture, Food and the Marine (DAFM) has paid €715,745 to Revenue in tax and interest after payroll deductions for staff benefits were not made. It has emerged...
The Orissa High Court has ruled that an employee cannot be asked to pay tax again if the employer has failed to deposit the income tax deducted from their salary or has not provide...
For Assessment Year 2019-20, the woman reported an income of Rs 18.41 lakh in her ITR and claimed credit for Rs 3.91 lakh in TDS. However, she was given credit for only Rs 79,030,...
The ITAT Chennai bench viewed the increase from Rs 3 lakh to Rs 25 lakh as an enhancement of an existing benefit, rather than the creation of a new exemption. The Tribunal also fou...
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the reimbursement of salary costs on a cost-to-cost basis for employees sent on deputation does not fall...
A Karnataka man working in South Korea faced an income tax notice over his salary deposited in an NRE account in India. The Income Tax Assessing Officer claimed the salary was taxa...
The National Treasury has once again pushed back its timelines to review Pay As You Earn (PAYE) tax bands for low-income earners, with Cabinet Secretary John Mbadi announcing that...
Treasury Cabinet Secretary John Mbadi has announced plans to further raise the Pay As You Earn (PAYE) tax exemption threshold from the proposed KSh 30,000 to KSh 32,800. The policy...
MPs say ‘chaos’ at Capita-run scheme could mean some claims miss tax-free time limit on lump sum paymentsBereaved families could face “unconscionable” tax bills because of “chaos”...
MPs say ‘chaos’ at Capita-run scheme could mean some claims miss tax-free time limit on lump sum paymentsBereaved families could face “unconscionable” tax bills because of “chaos”...
Your employer may pay the bill, but the benefit can still be taxable. The post Company Car, Car Allowance And Parking: Which Benefits Do Employees Have To Pay Tax On? appeared firs...
Under the new salary deduction system, pension contributions and statutory deductions will be remitted automatically to prevent diversion and protect county workers’ money.
Section 43B: Unpaid Service Tax Cannot Be Disallowed When No Deduction Was Claimed ITAT Dehradun | Schlumberger Solutions (P.) Ltd. v. ACIT | [2026] 185 taxmann.com 786 | Order...
An error in tax filing led to a senior citizen paying ₹9.91 lakh in tax on interest from tax-free bonds. Fortunately, the individual has now received relief from the Income Tax App...
They pay Rs144b in Jul-Sept; real estate gets 50% cut; retailers win fixed tax
[Daily News] Zanzibar -- ZANZIBAR'S government has urged human resources officers to uphold integrity, patriotism and accountability when implementing salary adjustments, warning a...
The Federal Government has released funds covering eight months of salary arrears for me
Introduction The question of whether a delayed remittance of statutory tax collected by an entity can be treated as absolute non-payment to trigger harsh penal provisions has long...
Работодатель обязан вовремя перечислять удержанные из зарплаты сотрудников налоги и обязательные взносы. Если деньги в бюджет не поступили, штрафовать за это самого работника не до...
End Tax Penalties on American Hostages Act, H.R. 9496, 119th Cong. (2026) On September 30, 2026, Congress completed final passage of H.R. 9496, titled the “End Tax Penalties o...
IRS Notice 2026-63, 2026-42 I.R.B. ___ (Sept. 30, 2026) On September 30, 2026, the Internal Revenue Service released Notice 2026-63, granting comprehensive administrative tax...
KRA's explanation provides employees and employers with a basis for determining whether a particular gratuity payment qualifies for the tax exemption before the payment is made.
What appeared to be a filing lapse eventually turned into a tax penalty of Rs 3.74 lakh. The Income Tax Department took a strict view of the matter, maintaining that had the non-fi...
Tax Compliance Tracker – October, 2026 1. Compliance requirement under Income Tax act, 1961 Sl. Compliance Particulars Due Dates 1 Due date for deposit of tax deducted/colle...
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