A salaried taxpayer who wrongly claimed ₹10.65 lakh in Chapter VI-A deductions for AY 2022-23 ended up paying a 200% penalty after the Income Tax Appellate Tribunal upheld the action for "misreporting ...

A Pune taxpayer faces a hefty Rs 9.44 lakh penalty for misreporting Rs 10.65 lakh in deductions, including fake claims for ...

The Tribunal upheld 200% penalty under Section 270A for misreporting income through ineligible deductions. Admitted incorrect claims were treated as conscious misrepresentation, not a bonafide ...

Actor Joseph Gordon-Levitt visited Capitol Hill Wednesday to advocate for a bill sunsetting Section 230 of the Communications Decency Act, a controversial provision that protects companies from facing ...

Many small business owners are pleased to learn that a vehicle they purchased for use in their company may qualify for a Section 179 tax deduction. Carefully using Section 179 vehicles can bring tax ...

Congress has until Jan. 30, when the November stopgap measure to reopen the government expires, to determine whether or how deeply to cut the Section 8 program. This article was produced by Capital & ...

A Trump administration proposal suggests limiting Section 8 housing vouchers to two years for "able bodied adults." Advocates warn the proposed cuts could put hundreds of thousands of Ohioans at risk ...

Public housing agencies across the country are being asked to share the personal information of tenants receiving rental assistance under Section 8 with the U.S. Department of Housing and Urban ...

Despite the DOJ’s argument before the Court of Appeals, Section 122 covers trade deficits; to rule otherwise would risk an expansion of the IEEPA that Congress did not intend. A U.S. flag is displayed ...

Social media rumors falsely claim Section 8 housing assistance will have a two-year cap or be ended entirely. President Trump's 2026 budget proposes overhauling Section 8 and other HUD programs, but ...

WASHINGTON — In a news conference Monday, President Donald Trump said he’ll place the D.C. police department under federal control and deploy the National Guard. Trump said he wants to “rescue our ...

A trade issue quickly moving to the front page is the president’s use of Section 232 of the Trade Expansion Act of 1962 to launch investigations into whether imports in specific sectors of the U.S.