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Retiring Abroad? 4 Tax Implications You Should Know About Before You Go - Vimarsana News

Retiring Abroad? 4 Tax Implications You Should Know About Before You Go

Knowing these implications can help minimize your tax liability and avoid any potential issues.

Source: fool.com
Assessment order passed u/s 143(3) beyond time limit prescribed u/s 153 is time barred - Vimarsana News

Assessment order passed u/s 143(3) beyond time limit prescribed u/s 153 is time barred

ITAT Mumbai held that assessment order passed u/s 143(3) beyond time limit prescribed under section 153 of the Income Tax Act is time barred and bad in law.

Source: taxguru.in
Buying Real Estate in Coastal Mexico: Tax Implications in the U.S. & Mexico | Freeman Law - Vimarsana News

Buying Real Estate in Coastal Mexico: Tax Implications in the U.S. & Mexico | Freeman Law

Tulum, Cabo, Cancun, and Playa del Carmen are not only wonderful vacation destinations in Mexico, they are also very attractive destinations for American investors. Clients interested...

Treasury's Unjustifiable New Foreign Tax Credit Rules Will Cause Double Taxation - Vimarsana News

Treasury's Unjustifiable New Foreign Tax Credit Rules Will Cause Double Taxation

On December 28, 2021, the U.S. Department of Treasury and the Internal Revenue Service (IRS) issued updated foreign tax credit (FTC) regulations (the 2021 final FTC regulations).

Taxpayers Get More Time To Claim Credit For Taxes Paid Outside India - Vimarsana News

Taxpayers Get More Time To Claim Credit For Taxes Paid Outside India

The income tax department on Friday said taxpayers can claim credit for taxes paid outside India before the end of the assessment year if the I-T return is filed within the stipulated deadline.

Source: ndtv.com