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 ...

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.

Very positive news is coming out of Ford Motor these days. The company's employee pricing in the second quarter drove big ...

Netflix subscriptions are tangible personal property and therefore subject to Colorado sales tax, a state appeals court has ...

An anti-tax group is fighting to end Campbell's sales tax hike, tying it up in the courts and putting the city in a ...

A 2026 ballot measure will let voters decide whether to put a provision in the Arizona Constitution barring state and local ...

Sellers will have to pay tens of thousands of dollars in higher fees on residential and commercial property sales exceeding $2 million under a New Jersey law enacted by Gov. Phil Murphy.

If more than two years have passed, you still may get more tax relief than you think. In most states, when a spouse dies, one ...