Income Tax Officer (ITO) addressed a penalty imposed under Section 271B of the Income Tax Act due to a turnover exceeding the threshold requiring an audit. Tyagi, a distributor for Mother Dairy, filed ...

A reference was made to a case involving a Bangalore-based taxpayer, Sri S. R. Ravishankar vs. PCIT, in which the tribunal ruled against revisions based on estimated valuations in search cases unless ...

In the world of finance, two terms often used interchangeably are accounting and bookkeeping, but they refer to distinct ...

A 2018 Supreme Court ruling eliminated the requirement that an e-commerce retailer needed a physical location in a state in ...

But House lawmakers voted 71-23 to make a temporary 0.40% sales tax increase permanent. Lawmakers shaved off 0.05% to bring ...

Management to Host Conference Call at 4:30 pm E.T. on Thursday, November 14, 2024 - SAN DIEGO, CA, Nov. 14, 2024 (GLOBE NEWSWIRE) -- RYVYL ...

Illinois is seeing a surge of litigation challenging the constitutionality of its complex sales tax law for remote retailers, ...

Sotheby's will pay $6.25 million and adopt reforms to settle New York Attorney General Letitia James' lawsuit accusing the ...

The Louisiana House of Representatives approved legislation Wednesday expanding sales taxes to digital streaming services, establishing a flat tax on corporate income and repealing a whole host of ...

Trimming benefits and reducing staff and energy programs can help agency balance its books while avoiding service cuts.

“The US at this COP is not just a lame duck, it’s a dead duck,” Prof Richard Klein, an expert on climate change policy for ...

The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% ...