Tribunal held that where Form 67 is submitted before the completion of assessment, foreign tax credit must be allowed even if the filing was delayed. It observed that neither the Act nor Rule 128(9) ...

Summary of the Bombay High Court judgment where a charitable trust's oversight in e-verifying its Form 10B was considered a human error and the delay was condoned, securing its Section 11 income tax ...

Guidance for business entities seeking to liquidate their assets under Chapter 7 of the Bankruptcy Code, including why a ...

The United States has ended the automatic work permit extensions for some immigrants. This new rule, effective October 30, ...

The Michigan House of Representatives is considering a change to election law to help non-partisan candidates avoid getting ...

Explore our 2025–2026 guide for non-resident property owners, covering key deadlines, legal updates, and practical tools to stay compliant with confidence ...

The United States continued its crackdown on foreign workers and announced it will end the automatic extension of work ...

Investing.com -- Integrated Media Technology Limited (NASDAQ:IMTE) stock fell 5.5% on Friday after the company received a delisting determination letter from the Nasdaq Stock Market due to ...

A western Pennsylvania-based home improvement contractor is being sued by the state attorney general after he said the ...

Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.

Plus: What’s open at the IRS, the fight over premium tax credits, guidance on OBBBA, Social Security increases, digital taxes and tariffs, Section 179 expenses and more.

Gifts surpassing the exemption limit in value in a financial year are taxable and need to be disclosed under ‘income from other sources’ in the ITR filing.