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 ...

Enzon Pharmaceuticals, Inc. (OTCQB: ENZN) ("Enzon" or the "Company") and Viskase Companies, Inc. (OTC Pink Limited: VKSC) ("Viskase") ...

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, ...

Michigan has “become, in a lot of ways, sort of a central location for illicit operations, because the penalties for illicit ...

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 ...

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 ...

The post IRS Delays Tax Reporting Changes To 2026 appeared first on Self Employed.

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

The ITAT ruled that CSR expenditure, though disallowed as a business expense, qualifies for deduction under Section 80G if paid to approved entities. The Tribunal directed the AO to verify the ...