A Kansas City man has pleaded guilty in federal court to fraudulently obtaining nearly half a million dollars in COVID-19 relief funds through the Paycheck Protection Program.

The Delhi High Court held that delay in filing Form No. 67 cannot defeat a substantive claim for Foreign Tax Credit. It directed the Assessing Officer to verify and grant FTC, observing that denial on ...

A Kansas City man has pleaded guilty to COVID-19 fraud and faces up to 30 years in prison for it.

The Court held that failure to comply with payment conditions under the 2020 Scheme automatically revived withdrawn revision petitions. This made the assessee eligible under the 2024 DTVSV ...

An investigation by the Tennessee Comptroller’s Office has revealed questionable financial activity involving the executive director of Skills Training and Rehabilitation Services Incorporated (STARS, ...

ITAT Mumbai allowed foreign tax credit of ₹90,208 despite delay in filing Form 67, holding Rule 128 directory and procedural lapse cannot defeat substantive Sec 90/DTAA ...

The proposed $150 billion data center, which would be accompanied by a power plant upgrade and major tax breaks, has drawn ...

ITAT Pune held that time limit of six months for filing an application u/s. 80G(5) of the Income Tax Act applies only to trusts which have not started charitable activities and not to trust which has ...

President Trump defended his first year back in office in his 2026 State of the Union address, touting his record on ...

Colorado lawmakers who are concerned about rising gambling addiction and betting scandals in professional sports filed a bill Wednesday that would prohibit sports betting apps from offering ...

The Bombay High Court ruled that GST portal limitations cannot override Section 18(3) of the CGST Act. It allowed transfer of CGST and IGST credits across States following amalgamation, holding that ...