India Today on MSN2d
SRK wins tax dispute case: What is foreign tax credit and how to claim it?
Khan had declared an income of Rs 83.42 crore in his tax return, but the tax officer reassessed it as Rs 84.17 crore and ...
SRK Wins Major Tax Battle: What is Foreign Tax Credit & How To Claim It? - Details Here
Shah Rukh Khan has secured a crucial legal victory as the Income Tax Appellate Tribunal (ITAT) ruled in his favour, ...
Investopedia2y
Foreign Tax Credit: Definition, How It Works, and Who Can Claim It
Sam Edwards / Getty Images The foreign tax credit is a U.S. tax credit used to offset income tax paid abroad. U.S. citizens and resident aliens who pay income taxes imposed by a foreign country or ...
ITAT rules in Shah Rukh Khan's favor: Foreign tax credit rule in India
Khan's UK earnings were taxed in the UK, and India's DTAA with the UK allowed him to offset this tax against his Indian ...
IndiaFilings2d
Bollywood Actor Wins Tax Case: Key Lessons on Foreign Tax Credit (FTC)
A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...
Fortune India2d
Shah Rukh Khan scores major win against Income Tax department in foreign tax dispute
Actor Shah Rukh Khan has won a significant victory against the Income Tax authorities in his dispute over foreign tax credit ...
JD Supra10d
Eleventh Circuit Confirms Foreign Tax Credits Owned by Insurance Company Not “Plan Assets” of 401(k) Plan Under ERISA
Hancock Life Insurance Company, F.4th 729 (11th Cir. 2024) that certain foreign tax credits that were generated as a result of 401(k) plan investments in separate accounts owned by John Hancock ...
JD Supra16d
US Tax and Trade Policy Developments: Potential Implications for Foreign Tax Credits, the State of the Budget Resolution, and Tariff Changes
President Donald Trump issued two Executive Orders (EOs) that address digital services taxes enacted by international trading partners ...