The tribunal considered whether CPC could rely solely on the original tax audit report to make an adjustment. It held that corrections through revised reports and financial records must be examined ...

The Union Budget 2026 introduces amendments to the Income Tax Act in order to simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers that could impact an ...

Though the odds of being audited by the IRS are low – .05% of annual tax returns filed – the thought of it can immediately spark fear in any taxpayer, ...

The document outlines a comprehensive framework for conducting bank branch statutory audits under RBI guidelines and ICAI standards. It details procedures covering advances, NPAs, deposits, regulatory ...

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...

Beacon Hill has resisted an audit of the legislature’s use of tax dollars despite voters’ support. What gives?

Benton County will determine the fate of a proposed 1% sales tax increase after residents brought the issue to a tie during ...

A proposed 1% sales tax increase for Little Flock won't move forward after the Benton County Election Commission confirmed it didn't get enough votes.

Alma reports that tax anxiety affects many, causing stress during filing. Tips include breaking tasks down, seeking support, ...

The vote on a Little Flock sales tax ended in a rare tie.

According to New Orleans CityBusiness, the city has completed or opened roughly 145 sales-tax audits in less than two months. Those reviews have flagged about $7 million in potentially uncollected ...