The Bombay High Court has stated that sales tax incentive under a government scheme for industrial promotion is a capital receipt, not taxable.Chief Justice Alok Aradhe and Justice Sandeep V.

Dalmia matches Adani’s ₹14,000 crore bid for Jaiprakash Associates’ assets; Vedanta and Jindal trail as bidding war ...

ITAT Delhi held that addition under section 69A of the Income Tax Act towards cash deposited during demonetization cannot be sustained as source of cash deposited is cash sales and the same is already ...

The Central Bank of Kenya (CBK) has revealed the top countries where Kenyans take or transfer large sums of physical cash.

ITAT Mumbai held that the addition in respect of bogus purchases is to be limited to the extent of bringing the gross profit rate on such purchases at the same rate as of other genuine purchases.

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

A global phenomenon that has wowed audiences for decades, Andrew Lloyd Webber’s Jesus Christ Superstar is making its way to ...

Your employer is also legally bound to pay you this amount each week for up to 28 weeks. In some cases, you may even get more ...

THE summer holidays can be expensive but getting out and about with your family doesn’t have to break the bank – particularly ...

Plus: The One Big Beautiful Bill Act, fireworks and tariffs, changes in store for stablecoins, hot dogs, Congressional polls, ...