ITAT held that once income is accounted in the Profit & Loss statement, further addition by the tax authority is unlawful. The order restores the correct claim of losses and eliminates double ...

The ITAT held that the PCIT incorrectly invoked Section 263 to substitute the AO's plausible view, ruling that a business disallowance under Section 37(1) does not automatically become deemed income ...

The Melbourne-based personal trainer, who shot to fame as the leading man in The Bachelor Australia's third season then built a lucrative business empire, is accused of failing to pay income tax by ...

The ITAT Mumbai granted full capital gains tax exemption to a mother-in-law and son-in-law on their Rs 4 crore Mumbai ...

When Liam Gallagher touched down in Melbourne for the Oasis 'Live '25' tour, he skipped the usual hotel scene. Instead, the ...

A jury found a developer over a low-income housing project who sued Florence County over the illegal blocking of the project proved by a ponderance of the evide ...

According to UK Finance, 1.3 million fixed-mortgage deals are set to end this year. Many homeowners will hope the Bank of England continues to cut interest rates. At the same time, savers will likely ...

The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.

Health insurance under the Affordable Care Act marketplaces opened Saturday, with costs expected to significantly rise for ...

Covered California officially opened its enrollment period for 2026 on Nov. 1, but this year, the process comes with added ...