Madras High Court held that a trust’s legitimate tax exemption cannot be denied merely for delay in filing Form 10B, directing the Assessing Officer to allow benefits under Section ...

The Madras High Court held that delay in filing Form 10B required under Section 44AB for the purpose of Section 12A(1)(b) of ...

The good news is that a new tax benefit aimed at helping families with children under 17 is now in effect. For the tax years ...

Bombay High Court held that delay in filing of Form No. 10 was condoned since activities of trust are genuine and denial of benefit of accumulation u/s. 11(2) due to delay in Form No. 10 would cause ...

The Tax Court found a regulation invalid to the extent it holds the period open for the IRS to issue a final partnership adjustment longer than the statutory 270 days after a partnership has submitted ...

A Democratic Socialists of America leader says New York City Mayor-elect Zohran Mamdani offers a "powerful way forward" for ...

The Gujarat High Court remanded back a matter to the Gujarat Value Added Tax Tribunal on assessment of tax, after noting that ...

The New England Police Benevolent Association has cut ties with a New York-based affiliate as a result of the allegations. The NEPBA alleges significant funds were diverted for personal use, including ...

Special purpose taxing districts are booming in Texas, accounting for more and more of many homeowners' property tax bills.

Key Points ・Federal tax refunds typically arrive within 21 days for e-filed returns with direct deposit. Check the Federal ...

A Georgia-based church, which has a location in Fayetteville, is accused of exploiting service members and veterans.

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an ...