The Tribunal held that past cash withdrawals cannot justify demonetisation deposits without evidence of continued cash holding. The is that unexplained deposits attract section ...
The Tribunal examined opening cash balance of ₹6.16 lakh brought forward from prior year. CIT(A) had disallowed it, but AO verification confirmed its genuineness. ITAT set aside the addition under ...
Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...
Revenue and income are also prominent fixtures in tax forms filed with the IRS, as well as in company strategies for ...
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Accounting cycle 101

The accounting cycle tracks a transaction until it's added to your company's financial statement. Follow this eight-step ...
A simple explainer of key Union Budget terms, including taxes, deficits, funds, receipts, and spending. Understand essential ...
An International Monetary Fund (IMF) staff mission, led by Ms. Swarnali Ahmed Hannan, concluded discussions as part of the ...
Trina Paul is a Breaking News and Personal Finance Writer at Investopedia, covering topics like retirement, consumer debt, and retail investing. She focuses on making complex financial topics ...
Musk does not suggest that rupees, dollars, or digital payments will disappear. Instead, he means money could lose its ...
Stephen Schwartz’s Statement Explained Stephen Schwartz says a Wicked sequel with Ariana Grande and Cynthia Erivo isn’t likely, but a new Oz spinoff could still happen. Sohini Mukherjee Content Writer ...