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.

ITAT Delhi held that addition under section 69A of the Income Tax Act towards cash deposited during demonetization cannot be sustained as source of cash deposited is cash sales and the same is already ...

The proportion of homes being “flipped” – bought and then re-sold within months – has reached its lowest level in more than a decade, according to analysis.

Elon Musk says he'll will form a new America Party, which could have a big impact on Tesla stock. The Trump budget eliminates key Tesla tax credits.

On 1 July 2025, Malaysia implemented a revised and expanded Sales and Service Tax (SST) under the Madani economic framework.