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 ...

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

Ordinance, 2025, aligns state law with Central GST changes from the Finance Act, 2025. Key amendments cover tax on penalty appeals, ITC restrictions, and the new Track and Trace mechanism for ...

(The Center Square) – Ten of the 17 constitutional amendments on the Nov. 4 ballot restrict some form of taxation. Early ...

The ballot language: “The constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the market value of the residence homestead of the ...

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, ...

ITAT holds that filing audit report late due to Covid-19 is a procedural lapse, not a ground to deny exemption, following ...

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

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 ...