Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...

However, the Centralized Processing Center (CPC), Bangalore, denied the foreign tax credit on the ground that Form No. 67 was not filed within the prescribed due date. The NFAC upheld this decision, ...

In fact, in the last five years, the number of nil returns has increased each year. As per the data, the number of nil ...

To include more taxpayers within the income tax framework, the scope of Tax Deducted at Source (TDS) and Tax Collected at ...

The average borrower's monthly bill could swell to $288 from $95, according to an early estimate by the Institute for College ...

After presenting the income tax bill the Finance Minister asked the Lok Sabha Speaker Om Birla to nominate members for a ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

You can knock $2,000 off your tax bill for every dependent child younger than 17 at the end of 2024. There's no reason to ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.

Duke reported financial ties with Mauritius, Bermuda and the Cayman Islands — but why would a university invest in such ...