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 ...

The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE ...

The Income Tax Department is alerting taxpayers about incorrect deduction and exemption claims. Salaried individuals who ...

As part of the changes, the corporate income tax rate has been reduced from 30 per cent to 25 per cent. Small businesses with ...

Michigan Democrats have proposed a package of vaccine-related bills in response to moves from the Trump administration. The ...

Progressive three-year-old Benevac is currently down the order of entry for next month’s Magic Millions 3YO Guineas but can ...

U.S. President Donald Trump's tariff campaign appeared to move at a breakneck pace towards Canada's economy this year.

Taiwan is tightening its military service exemption criteria and upcoming changes will also require transgender and intersex ...

Tribunal rules that procedural delay in filing Form 10B does not bar exemption under sections 11 and 12, following Supreme Court guidance on procedural ...

Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.

The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ...

A suit against a North Carolina trucking company that rebuffed the job application of a deaf driver will proceed after the carrier’s request for summary judgment was denied.