ITAT Mumbai held that change of method of accounting from mercantile to cash system for recording interest income on loan due to financial distress at the end of borrower is justifiable and legitimate ...

However, the appellant did not produce any supporting though the parties were from the family members of the partners. According to the AO, the disallowance of 15% is reasonable and fair considering ...

As FY25 is coming to an end, taxpayers need to finalise investments if opting for old tax regime, adjust TDS, pay advance tax ...

The AICPA Accounting and Review Services Committee approved an update to SSARS No. 21, clarifying that practitioners are not ...

IRFC fixed March 21 as the record date for its second interim dividend of Rs 0.80 per share for FY 2024-25. Payment is ...

In a brief filed in the Eleventh Circuit, the federal government said the move to remove the beneficial ownership filing ...

Click on this option, and you'll see a list of statements by month or quarter. When you click on the time frame you want to view, your device will probably automatically download the statement.

Staff from the Securities and Exchange Commission (SEC) issued much needed (and anticipated) relief in the form of two new ...

On March 20, 2025, the staff of the Division of Corporation Finance (the “Staff”) of the U.S. Securities and Exchange Commission (the ...

Financial statements provide a snapshot of a corporation's financial health at a particular point in time, giving insight into its performance, operations, cash flow, and overall conditions.