ITAT Mumbai held that the addition in respect of bogus purchases is to be limited to the extent of bringing the gross profit rate on such purchases at the same rate as of other genuine purchases.

Review of GST’s eight-year journey in India, highlighting goals, implementation, tax base expansion, and ease of doing business under the unified tax ...

Explore the best invoicing software for any business size in 2025. This expert guide compares tools for automation, ease of ...

US President Donald Trump’s “Big Beautiful Bill” was signed into law on July 4. While it didn’t impose a moratorium on ...

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Paul Neiffer reviews the newly signed bill, and explains why he gives this bill a grade of B+ for most farmers.

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While the BBB dropped a $250 annual fee for EVs, it will axe the federal tax credit by Sept. 30, three months earlier than originally proposed.

Definition: Appropriation Bill gives power to the government to withdraw funds from the Consolidated Fund of India for meeting the expenditure during the financial year. Description: Post the ...

Jonestown Borough Council receives two requests concerning local baseball program, takes separate action to ensure insurance ...