ITAT Chennai held that when cash is sourced out of recorded debtors, provisions of section 69A of the Income Tax Act could not be invoked. Accordingly, addition u/s. 69A is not sustainable in law.

The CRA reassessed the taxpayer for those taxation years to include in his income amounts in connection with the Swiss bank account, and imposed both gross negligence penalties, and penalties for the ...

To enroll, troops should visit fsafeds.gov, select “Qualifying Life Event” from the “enroll” drop down menu, then choose the ...

Brex dives into why a business bank account is not just a recommended option, but a critical necessity for any serious ...

As we enter the month of March the countdown to Chancellor Rachel Reeves’ Spring Statement is entering its final phase. Although Ms Reeves has ...

The Internal Revenue Service is reportedly making plans to lay off up to half of its 90,000-person workforce.

ITAT Hyderabad held that trade advances, in the nature of commercial transactions, cannot be characterized as ‘loans or advance’ constituting deemed dividend within the meaning of section 2 (22) (e).

The fight against financial fraud is escalating as criminals use deepfakes, synthetic identities, and fake records to bypass ...

Investors have been galled to see the former business partners Ken Mattson and Tim LeFever line up, as well, in the claims ...

Good morning, and welcome to Cablevisión Holding's conference call. Today, the team will discuss Fourth Quarter and Full Year 2024 Results as per the earnings release distributed last Thursday, ...

Q4 2024 Earnings Conference Call March 6, 2025 8:30 AM ET. Company Participants. Aaron D'Souza - Investor Relations Dale Foster - Chief ...