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) ...