The Karnataka High Court ruled in favor of Dr. Sujatha Ramesh, allowing her to claim a capital gains tax exemption under Section 54EC of the Income Tax Act, 1961, despite a six-month delay in ...

7. We may also refer to a decision of the Karnataka High Court in the case of (Smt.) Sujatha Ramesh vs. Central Board of Direct Taxes, New Delhi, (2017)87 taxmann.com 228 (Karnataka), wherein the ...

IU Columbus, 4601 Central Ave., will offer FAFSA filing assistance from financial aid professionals during College Goal ...

There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail to take advantage of the tax break each year. The Earned Income Tax Credit ...

The Associated Press reported the IRS will cut thousands of employees as the Trump administration trims the federal workforce ...

The Nigerian National Petroleum Company Limited has deducted a sum of $525.09m from its remittances to the Federal Inland ...

The Trump administration intensified sweeping efforts to shrink the size of the federal workforce by ordering agencies to lay ...

The wisdom of undertaking Roth conversions is highly dependent on the particular household circumstances. Roth conversions do not avoid taxes, they accelerate taxes. Conversions pay off when the tax ...

Gov. JB Pritzker will present his seventh budget proposal Wednesday as the state faces a projected $3.2 billion revenue ...

Dear Savvy Senior, What can you tell me about the IRS income tax filing requirements for retirees this tax season? My earned ...