The Supreme Court, while determining a tax matter, observed that the undisclosed income, under Section 271AAA(1) of the ...

Everything you need to know about the prospective partnership between European football's governing body and the American ...

The AO determined that the source of the share application money was a lease deposit received by Subramani from M/s Safe Carwings Pvt. Ltd. (SCPL) for a property he leased to them. However, the AO ...

The post Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year appeared first on Real Estate News & ...

Conclusion: Addition against unexplained cash deposit of ₹49.50 lakh was remanded back to AO for verification if the deposits were from business activities, the addition under Section 69A could not ...

Mainstream economists and the media “warn” us about the dangers of “income inequality.” But is income inequality really an ...

They say that income tax breaks used during the global financial crisis ... The latest Treasury Tax Expenditures and Insights ...

The government presents two key fiscal policy statements to Parliament, as mandated by the Fiscal Responsibility and Budget Management (FRBM) Act, 2003.

Since Narendra Modi and the NDA government took office in May 2014, there hasn’t been much change to personal income tax laws, leaving many taxpayers frustrated. However, there have been some ...

statement, or answer filed or made for a tax year. The CRA may apply the gross negligence penalty as part of the review of an SR&ED claim that the claimant filed with: An initial income tax return ...

“Investors are demanding more compensation to hold an asset class that has more uncertainty,” says Matthew Morgan, head of fixed income at Jupiter Asset Management. “Inflation is not going ...

Her expertise is in personal finance and investing, and real estate. FreshSplash / Getty Images Ordinary income is income earned by an entity or an individual that is taxable at marginal tax rates.