The Indian income tax system allows taxpayers to choose between two tax regimes: the new and the old. Each regime comes with its own tax slabs, deductions, and exemptions. New Tax Regime: Introduced ...

ITAT Bangalore Allows Foreign Tax Credit Despite Delay in Form 67 – Non-filing Along with Return is Only a Technical Lapse Assessee had paid tax in a foreign country & claimed Foreign Tax Credit (FTC) ...

New Bedford City Council candidate Christopher Cotter has not filed required campaign finance forms. Cotter faces potential fines of up to $25 per day for the failure to file. The state's Office of ...

The Bombay High Court examined the facts and concluded that the delay was “neither deliberate nor mala fide” but was solely due to the “inadvertence of the accountant of the auditor.” The bench noted ...