The ITAT held that late filing of Form 67 cannot defeat a valid FTC claim. The ruling clarifies that procedural delays do not override substantive treaty ...

The High Court allowed a religious society to submit delayed audit documents, citing the treasurer’s age and Covid-19 as ...

The ITAT held that filing Form 10B on the extended due date, especially during COVID-19 relief periods, cannot by itself defeat Section 11 exemption. Procedural delay cannot override substantive ...

There have been significant changes in the way in which the IRS is now dealing with R&D tax credits and viewing how they're documented.

Many states have eased restrictions on gambling over the last four years, resulting in huge sports betting sales tax revenues ...

The Court upheld GST tax and penalty where multiple goods were transported without invoices or E-way bills. Subsequent production of documents at the appellate stage was held insufficient to cure ...

Activist local TV stations got Jimmy Kimmel suspended from ABC. Disney says it's proof the system works ...

ITAT held that a reassessment notice dispatched after new law took effect must follow Section 148A and failure to do so ...

Glass House has appealed the county assessment of its 160-acre cannabis farm near Camarillo. A win would save the company ...

Congress enacted a rule to change the 1099-K threshold for your 2025 taxes, meaning you should only receive a Form 1099-K if you receive more than $20,000 in gross payments on third-party networks or ...

Washington, D.C., will become the first locality with its own child tax credit. An expansion of the federal child tax credit during the pandemic led to dramatic reductions in child poverty.

The Tribunal held that restricting TDS credit at the CPC stage is unsustainable when Form 26AS supports the claim. Full credit must be allowed after verification under Section 199 and Rule 37BA, ...