The deadline for submitting ITR for FY 2024-25 is September 15, 2025 and this means eligible taxpayers should claim eligible ...

July 1, 2025 Evolution of the accounting treatment of ...

Taxpayers must review Form 26AS, AIS, and TIS before filing income tax returns. The Annual Information Statement (AIS) offers a detailed view of earnings, taxes, and investments, allowing taxpayers to ...

CBDT takes action against 5,483 taxpayers for non-disclosure of foreign income & assets worth Rs 29,208 crore. FinMin details ...

Delhi ITAT partially allows Rohit Goel's appeal against ACIT, addressing unexplained cash deposits, out-of-book purchases, and assessing income based on bank ...

Income Tax Department uncovers Rs 29,208 crore in foreign assets and Rs 1,089.88 crore in foreign income through ...

Introduction The International Accounting Standards Board (IASB) has taken a significant leap towards enhancing transparency and comparability in financial ...

Salaried Individuals' ITR Filing Season for FY 2024-25 is Underway. Here's a Checklist of 8 essential documents you need.

The income statement shows your company's profits or losses for a set time period. You create this statement as a part of the closing process at the end of an accounting period or fiscal year.

Closing Income Statement Accounts You need to close temporary accounts – that is, income statement and dividend accounts – soon after preparing your financial statements.

Understanding tax obligations for additional income is crucial for AY 2025-26. This guide details how to report earnings from ...

Strong portfolio management rules define our Income Method and guide tough decisions with clarity. Read why this foundational ...