Condonation in filing of Form 10-IC Representations had been received by CBDT stating that Form No. 10-IC could not be filed for A.Y. 2021-22 within the due date or extended due date, as the case may be. It had been requested that the delay in filing of Form No. 10-IC for A.Y. 2021-22…
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Shutdown avoided again… for a little while. On Friday afternoon the Senate advanced and late Friday it passed a $460 billion package of spending bills. […]
A tax plan drafted by Senate Finance Committee Chair Ron Wyden (D-OR) and House Ways and Means Committee Chair Jason Smith (R-MO) has restarted a […]
Taxing digital assets poses many tax policy puzzles. So many, in fact, that the Senate Finance Committee recently asked for advice on how to do […]