Large cash payments for property, gold, or cars are restricted. Daily expenses like groceries can be paid in cash. The Income ...

Start by looking at cash flow from operations, the section that tells you how much money the company’s main business is actually generating. If that number is positive and growing over time, it’s ...

There are several ways to find your tax code, including using a tool on the Government website. You can also check your tax ...

The issue was whether foreign bank balances funded through LRS could be taxed as unexplained credits. ITAT held that once the source and opening balance are established, section 68 cannot be invoked ...

The issue concerns compliance with the revised GSTAT appeal form requiring a statement of facts within strict character limits. The framework clarifies when an appeal is treated as filed and how ...

The year 2025 brought significant changes to India's income tax landscape, with Budget 2025 introducing beneficial hikes in ...

Income Tax Refund Status, Risk Management for AY 2025-26 Explained: The messages and e-mails from the Income Tax Department, asking people to file revised returns by December 31, have invited ire.

Rising prices and volatile markets have turned gift giving into a small financial planning exercise. For families on fixed ...

The developers of Parade Park Homes announced an increase in security measures at the site after multiple fires throughout ...

Explore the key differences between successful-efforts and full-cost accounting methods for oil and gas companies, including their impact on expenses and financial transparency.

Learn why Nigeria's 2026 tax reforms will use bank narrations to determine tax liability and how clear descriptions are now ...

People who are looking to file their ITRs for the financial year ended 2024-25 or the assessment year 2025-26 will have to ...