Major tax overhaul streamlines compliance as Income Tax Rules 2026 transform key forms, merging TDS, PAN and AIS systems to ...

Xero reports that small business owners should prioritize three financial statements: income, cash flow, and balance sheet ...

ITAT Mumbai accepted part of the assessee’s explanation that cash used for credit card payments came from family members. The Tribunal relied on income tax returns, bank statements, and affidavits ...

The ITAT Mumbai set aside the CIT(A) order after finding that crucial survey findings and Tally data relating to accommodation entries were not properly examined. The Tribunal directed the Assessing ...

Interest expense is the cost incurred by an entity for borrowing funds. It is recorded by a company when a loan or other debt ...

Learn how to create, read and analyze a profit and loss statement (P&L), including key formulas, real-world examples and ...

Taxpayers, mark your calendars for May 2026! Crucial compliance deadlines loom, including TDS/TCS deposits for April and ...

The Bank of Ghana (BoG) has defended its financial position for 2025, insisting that despite recording a GH¢15.6 billion ...

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for ...

Sky Sports explains LIV Golfs big restructure, including removal of Saudi funding and expected departure of chairman Yasir Al ...

The case is a reminder for NRIs and PIOs sending money to parents in India to maintain records of remittances, original ...

The department has today issued a new statement after a question was raised over whether appropriate support was being ...