While so, the 2nd respondent sent a communication to the petitioner dated 14.05.2020 stating that relief under Section 90 of the Act i.e. Foreign tax credit was not considered, for the reason that ...

Georgia state income taxes depend on taxable income and residency status. In 2024 (taxes filed in 2025), the state income tax rate is 5.39%.

The verdict underscores that genuine taxpayers cannot be denied relief due to technical or clerical mistakes, with the ...

Investment grade corporate bonds offer a balanced risk-return profile that may be particularly suited for portfolios ...

The Income Tax Department has released the Excel utility for ITR Form 6 for AY 2025-26, enabling companies to file returns for FY 2024-25. Several ITR forms have been notified, including ITR-1, 4 ...

Income Tax Bill 2025: Finance Ministry issues corrigendum on interest on advance tax shortfall Advance tax is generally payable by individuals, companies, and other entities with a tax liability ...

Income tax: The article explains ITR filing for FY 2024-25, detailing eligibility for each ITR form, online filing steps, common mistakes to avoid, and tips for accurate tax return submission.

During a recent livestream featuring singer Peruzzi, Peller said the Lagos State Internal Revenue Service asked him to N36 million as income tax. “Taskforce said I should pay N36 million for tax.

Lok Sabha on Monday passed the new Income Tax Bill without debate, hours after it was introduced in the House by Finance Minister Nirmala Sitharaman.

ITR-1, ITR-2, ITR-3 or ITR-4: Which income tax return form is applicable to you? Explained Income Tax Return: It can get confusing as to which form you should fill in order to file and verify your ...

To maximise the 0% tax benefit, businesses must carefully structure transactions, maintain clear books for qualifying vs non-qualifying income, and ensure economic substance within the free zone.

Orissa High Court rules against denying Section 12A income tax exemption solely for delayed audit report. Citing auditor negligence and Covid-19, it directs condonation of 353-day delay.