Conclusion: Refund for unutilized Input Tax Credit ( ITC ) could only be claimed under specific circumstances prescribed under Section 54, therefore, assessee was under a misconception of law had ...

How To Quickly Highlight Specific or Repeated Text in Word Your email has been sent Highlighting text in Microsoft Word is easy if you know these two shortcuts. Highlighting is a common task in ...

The calendar has flipped to 2025, and Americans will soon be tasked with filing their tax returns for the previous year. There will be a few changes in the tax code for 2025 that Americans will ...

Some Americans could get a break on their state income taxes this year, with nine states kicking off 2025 with a reduction in their individual income tax rates, according to an analysis from the ...

There's only one thing more inevitable than death and taxes: Bad jokes at the beginning of the year about the inevitability of death and taxes. With that hideous cliché out of the way ...

CHICAGO — Homeowners may have escaped a property tax hike, but their pocketbooks will be hit in other ways, with new taxes and fees expected to generate $181 million this year. At least two ...

As 2024 ends, LiveLaw presents a summary of significant Supreme Court judgments from the year related to the Specific Relief Act, 1963. Here are the key highlights:1. Suit For Declaration Of Title ...

The IRS has lost $20 billion in funding as part of Congress' bid to stop the government shutdown, crippling its ability to go after high-earning tax dodgers. The organization was meant to receive ...

Billionaire Elon Musk is calling for major tax changes as Donald Trump nears his second presidency. "The tax code needs drastic simplification," Musk wrote in a post on social media platform X ...

Losses can also offset up to $3,000 of ordinary income annually. Unused losses carry forward indefinitely as per current tax rules. Beware of wash sale rules (as per the IRS cryptocurrencies are ...

To meet the needs of assisted tax filers, Intuit’s virtual expert platform empowers its more than 12,000 tax experts with data and AI technology capabilities to deliver life changing financial ...

With new tax changes being implemented in the Netherlands from January 1, it's important to make sure that you are on top of all the new rules and how they might affect you and your finances. Here, ...