The ITAT deleted addition under Section 69A where cash deposits were made in a joint account. Since the husband owned the deposits and was not cross-examined, taxing the wife was held ...

ITAT held that cash deposits during demonetization were explained as business sales declared under Section 44AD. Without disproving turnover, addition under Section 69A was ...

With updated Q4 earnings, Nebius Group trades at an eye-catching 855x GAAP P/E, but headline EPS figures misrepresent true cash generation. See why I rate the NBIS stock a Hold.

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet.

Finance minister Nirmala Sitharaman on Sunday, during the presentation of Union Budget 2026-27, announced that the New Income Tax Act, 2025, will come into effect from April 1, 2026, replacing the six ...

Union Budget 2026: Every year, one of the main components of the Budget presentation is the income tax, as taxpayers keenly watch for changes in the slabs, tax rates and other factors — which may ease ...

The proposal seeks to extend the filing deadline for a revised return from nine months to 12 months after the end of the relevant tax year New Income Tax Act, 2025 to replace 1961 law from April 1, ...

Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your ...

Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Missouri Gov. Mike Kehoe will present lawmakers with his plan to reduce and ultimately eliminate the state income tax at 3 p.m. Tuesday during his second State of the State address. The speech will ...

Leaders of the 33-member Theology Working Group offer insight on their 97-point, 13,000-word declaration. The Lausanne Movement’s decision to release a 97-point, 13,000-word theological statement on ...

President Trump’s trade policy, inflation and climbing stock prices shaped business and the economy this year. By Christine Zhang In recent years, macroeconomic tides have ebbed and flowed, but one ...