ITAT Hyderabad held that interest paid on account of delayed remittance of TDS cannot be treated as business expenditure under section 37(1) of the Income Tax Act. Accordingly, order disallowing the ...

The Tribunal examined whether an assessment ignoring a clear mismatch between turnover and TCS data could survive. It held that absence of enquiry on such discrepancy renders the order erroneous and ...

Direct employment increased from 1.08 million workers in 2021–22 to 1.37 million in 2023–24, a CAGR of 12.3%, compared with ...

Hochul, backed by the State Legislature, has extended existing taxes for wealthy corporations and individuals, as well as health insurance companies. She has also cut taxes for the middle class. Other ...

About 92% of the 24.3 million Americans who use the marketplace receive a subsidy of some amount, according to KFF. If ...

Labor will avoid racking up $1 trillion in government debt this financial year because it will collect $15bn more in taxes ...

The Delhi High Court has held that virtual services rendered by a foreign law firm or other establishment not having any physical presence in India ca ...

Despite strong GST growth and steady central transfers, Karnataka’s fiscal outlook tightens as registration revenues slump.

From 2000 to 2022, Canadian home prices increased by 375% - 46% of that from 2020-22 - while the average Canadian wage rose 3% annually ...

Brianna "Chickenfry" LaPaglia, 26, has announced her plans to relocate to the Sunshine State after putting in an offer on a ...

The televised speech was a desperate bid to convince Americans they were imagining not being able to afford groceries, and ...