New Income Tax Bill: What taxpayers want from Modi government’s latest Income Tax Act - KPMG survey reveals
In July 2024, the government announced a review of the Income-tax Act, 1961, aiming to simplify it for taxpayers. A KPMG ...
Tax Guru2d
Foreign Tax Credit cannot be disallowed for delay in filing Form 67: ITAT Pune
Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...
Mumbai: CBI Registers Case Against 9 Accused, Including Dy Commissioner And Income Tax Inspectors, Over Alleged Sabotage Of Faceless Scheme
Mumbai: The Central Bureau of Investigation (CBI) has registered a case against One Deputy Commissioner (IRS)(IT) & two Inspectors of Income Tax Department, five Chartered Accountants and one private ...
Canada5d
Personal income tax
Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.
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Karnataka High Court Monthly Digest: January 2025 [Citations: 01 - 36]
The Karnataka High Court quashed a case registered against a private bank manager under the provisions of the Schedule Castes and the Schedule Tribes (SCST) (Prevention of Atrocities) Act after noting ...
Tax Guru12d
ITAT Chennai Allows Foreign Tax Credit Despite Late submission of Form 67
As is evident, the revenue is aggrieved by grant of foreign tax credit (FTC) despite the fact that Form No.67 was not filed by the assessee within due date of filing of return of income. Having heard ...
Indiatimes14d
Budget 2025 income tax expectations: Simplify personal tax compliance and enhance transparency
Budget 2025 income tax expectations: The introduction of pre-filled Income Tax Returns (ITRs) has proven to be a significant advancement in streamlining the tax filing process. However ...
The Hindu19d
Bruhat Bengaluru Mahanagara Palike to auction properties of chronic tax defaulters
The civic body has already issued eight to 10 notices to property tax defaulters for the auction, said BBMP Special Commissioner (Revenue) Munish Moudgil. This action, carried out under Section ...
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Anthony Sarpong appointed Acting Commissioner-General of Ghana Revenue Authority
President John Dramani Mahama has appointed Anthony Sarpong, a Senior Partner at KPMG, as the Acting Commissioner-General of the Ghana Revenue Authority (GRA). The appointment, which takes ...
Business Standard20d
Supreme Court agrees to hear income tax dept's appeal in Vodafone case
The Supreme Court on Monday (January 20) agreed to hear the income tax department’s appeal against the Bombay High Court order that quashed tax notices issued to Vodafone Idea for discrepancies in the ...
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U.S. Department of State
The Department of State is a United States executive department formed in 1789 to assist the president in foreign and domestic diplomatic affairs. Marco Rubio is the current secretary of state. He was ...