ITAT Ahmedabad held that amount written-off towards non-recoverable advances given to employees which are incidental to business operations qualifies as deductible business expenses under section 37 ...

As Budget 2025 approaches, key expectations include tax relief, fuel duty cuts, support for employment sectors, rural consumption boost, and measures against Chinese dumping to drive economic growth.

The Institute of Chartered Accountants of India (ICAI) has proposed tax reforms to promote climate change mitigation, a ...

In this globalized economy, tax transparency and compliance has become paramount to ensure that taxpayers disclose their global income and assets accurately. The Common Reporting Standard (CRS) and ...

The e-Aadhaar is an essential digital version of the Aadhaar card, issued by UIDAI. It can be downloaded via multiple methods using Aadhaar number, En ...

E-filing income tax in India is a breeze if you follow these steps. First, identify your tax slab based on your annual income. Then, register on the Income Tax Department's website using your PAN and ...

Avenue Supermarts Ltd, which is the operator of DMart, saw its shares going up well over 10% in the morning's trading session ...

SafeSend automates the ‘last mile’ of the tax return, according to Thomson Reuters; in other news, law firm White & Case has ...

During a meeting with representatives from the financial sector, FM Sitharaman discussed the recommendation from banks to ...

An investigation into the recovery of an unmanned aerial vehicle (UAV) in Sri Lankan waters, believed to be a high-speed target drone belonging to the Indian Air Force, has revealed that the drone was ...

An investigation into the recovery of an unmanned aerial vehicle (UAV) in Sri Lankan waters, believed to be a high-speed ...

Ahmedabad: The income tax (I-T) department issued numerous demand notices to advance taxpayers concerning interest payments.