The core issue was the denial of Foreign Tax Credit (FTC) due to two contradictory CIT(A) orders, one of which cited the late filing of Form 67. The ITAT ruled that since Form 67 was filed before the ...

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and ...

While House Republicans filed measures to eliminate non-school property taxes, DeSantis argues that placing multiple measures ...

Anti-abortion groups are pressuring the GOP to ensure that any new tax credits for Obamacare plans will not fund abortion ...

The ITAT Chennai directed the CIT(E) to reconsider a trusts 80G application on merits, ruling it couldnt be rejected mechanically on grounds of delay. The Tribunal held that since the Finance Act, ...

The recent High Court judgment in CSARS v HR Focus CC fundamentally clarifies when payroll administrators become liable for ...

ISLAMABAD: Justice Jamal Khan Mandokhail questioned whether the benches are formed based on wishes or as per the ...

KRCC News sent detailed surveys about some of the most critical issues facing city leaders to the candidates running for ...

The purchase price represents a premium of approximately 50% to Plymouth’s unaffected closing common stock price on August 18, 2025, the last trading day prior to the filing of a Schedule 13D by ...

Four marijuana-related bills were up for consideration before a House panel on Thursday, with one aiming to upend rules on ...

KRCC News sent detailed surveys about some of the most critical issues facing city leaders to the candidates running for ...

ITAT Mumbai ruled that a tax demand raised due to a typographical or inadvertent error, without any malafide intention, is invalid. Tribunal observed that assessee should not suffer unnecessary ...