CBDT empowers Commissioner of Income Tax CPC Bengaluru to swiftly correct tax order errors and issue new demand or refund ...

ITAT Delhi held that ten-year block under Section 153C must be computed from date AO of non-searched person receives seized material, not search ...

In a significant win against the Income-Tax Department, Bollywood actor Aishwarya Rai Bachchan has won a ₹4 crore dispute in ...

ITAT Delhi upholds capital receipt status of E-tax subsidies and deletes disallowances on leasehold expenses, Section 14A, bank charges, and MAT additions for PVR ...

Net sales of $305.9 million with net income of $8.1 million and adjusted EBITDA(1) of $29.0 million Operating cash flow of $22.0 million with ending cash and ...

President Marcos has extended the transition period for the full devolution of certain roles of the executive branch to local governments, citing the latter’s differing capabilities, circumstances and ...

The Central Board of Direct Taxes (CBDT) has issued a major notification that will significantly simplify and speed up the ...

The IRS has released the inflation-adjusted tax brackets for 2025. See the new income thresholds, standard deduction amounts, ...

The straight-line depreciation method allocates an equal amount of depreciation expense to each period of the asset's useful ...