TechBullion10d
Income Statements: Breaking Down the Basics
When it comes to understanding a company’s financial health, the income statement is one of the most critical tools at your ...
Investing10d
Gross Profit and Gross Profit Margin – Definition, Calculations
Gross Profit = Total Revenue – Cost of Goods Sold (COGS) Total revenue encompasses all income generated from the sale of products or services. Cost of Goods Sold (COGS) accounts for the direct ...
Tax Guru6d
Gross Profit Cannot Be Disturbed Without Rejecting Books of Accounts: ITAT Mumbai
Patodia Filaments Pvt Ltd., the Income Tax Appellate Tribunal (ITAT) Mumbai ruled that trading results and gross profits cannot be interfered with if the assessee provides sufficient evidence of ...
EV manufacturer Rivian turns gross quarterly profit for the first time
The California-based electric vehicle maker intends to complete its $5 billion plant in Georgia, despite having faced hurdles ...