Mumbai ITAT deletes ₹42 lakh 'on money' addition against assessee, citing tax officer's failure to provide cross-examination and lack of independent ...

Growth has proven resilient supported by expansionary fiscal policies, but inflation has picked up, and risks are elevated due to external shocks and domestic political tensions. Progress towards EU ...

Taxpayers preparing to file their income tax returns (ITR) for the assessment year (AY) 2025-26 will need a detailed set of documents, including income proofs, investment records, and tax deduction ...

Bridesmaid for Hire founder Jen Glantz turned a side hustle into a full-time business, then cut her hours down when her ...

Salaried Individuals' ITR Filing Season for FY 2024-25 is Underway. Here's a Checklist of 8 essential documents you need.

Making Tax Digital for Income Tax (MTD for IT) is set to transform how landlords report income from April 2026* (for those with property or ...

Though the official unemployment rate is still considered low by historical standards, job seekers feel the labor market is ...

Gov. Wes Moore announced a partnership Thursday between Maryland utility companies and nonprofits to provide $19 million in ratepayer relief for low- and moderate-income customers as utility costs ...

A divisional income statement is a summary of the financial performance of an operating unit within your larger business. It shows the profits or losses the operating unit generates during an ...

How to Prepare an Income Statement Under Absorption & Marginal Costing. There are a variety of ways to think about business costs.

The Income Tax department has extended the due date for filing Income Tax Returns (ITRs) for Assessment Year (AY) 2025-26 to September 15 from July 31. The extension applies to individuals, HUFs ...