CIT (A) dismissed the appeal holding that there was a delay in filing of Form-67 and as per sub-Rule 9 of Rule 128 of the Income Tax Rules, 1962 it was mandatory, ignoring the judgment pronounced by ...

As Republicans get ready to deliver a tax package next year, some prominent GOP lawmakers have voiced support for an expanded child tax credit. Vice President-elect J.D. Vance is in that camp. Four ...

ITAT Mumbai held that validity of notice issued under section 148 of the Income Tax Act for AY 2015-16 is six year which expires on 31.03.2022. Accordingly, notice issued on 29.07.2022 u/s. 148 is ...

Through an amendment in Budget 2021, the government sought to discourage subscribers from investing more than Rs 2.5 lakh per ...

The county will consider opting out of the missing middle tax exemption at a special meeting on Thursday night.

URA seeks the details to improve tax compliance and identify individuals who may not have registered for tax obligations, ...

Without this tax benefit, many child care businesses may face increased pressure to raise tuition or risk closure.

Switzerland’s suspension of the MFN clause in its tax treaty with India will double dividend tax rates for Indian investors.

What is the Earned Income ... tax return. If you’re eligible, you could still have time to claim the EITC for prior years, including: For 2022, if you file your tax return by April 18, 2026 For ...

Switzerland has taken a unilateral stand after the Supreme Court of India's ruling in the Nestle case. It has revoked the ...

This is not the first time the IRS has delayed the reporting requirement, having done so in 2022 and then again in late 2023 ...

Efforts to expand and reform the Child Tax Credit (CTC) remain a priority in discussions around family policy. The 2021 ...