ITAT Ahmedabad held that non-compliance to notices issued u/s. 250 by CIT (A) resulted into delayed appellate proceedings. Accordingly, cost of Rs. 5,000 imposed on the assessee for lack of diligence.

Income tax collection as percentage of GDP has overtaken corporate tax collection, at 3.5% of GDP in FY24 vs corporate tax ...

As the nation anticipates the unveiling of the Budget, all eyes will be on the measures it proposes to ease financial stress ...

Tax season is back again, which means it’s time to collect your W-2 and Form 1098, and Form 1099s and start filing. While ...

The electronics industry’s wishlist for Budget 2025 is a blueprint for transforming India into a global electronics hub.

ICICI Bank added 1.78% to Rs 1,231 after the private lender's standalone net profit increased 14.81% to Rs 11,792.42 crore on 13.03% rise in total income to Rs 48,367.87 crore in Q3 FY25 over Q3 FY24.

Abu Dhabi – The National Bank of Ras Al Khaimah (RAKBANK) generated 16.40% higher net profits after tax at AED 2.07 billion in 2024, compared to AED 1.78 billion in 2023.

The average cost of just the bare essentials for children is an eyewatering £90,590 — but there is help out there for parents ...