The ITAT emphasized that a proper assessment of the agricultural income was necessary before confirming the addition under Section 68. The assessee’s counsel argued that sufficient evidence, including ...

The total revenue impact on account of tax benefits extended to companies was Rs. 96,892.39 Crores and Rs. 1,09,333.38 Crores (projected) in FY 2021-22 and FY 2022-23 respectively (Source: Receipt ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing ...

Typically, investment statements are among the last forms to arrive, especially for more complicated assets. For earnings, your tax forms may include a W-2 for wages, 1099-NEC for contract or gig ...

The revised tax slab rates under the new income tax regime are as follows: Effective from the financial year 2020-21, the Government of India introduced the “New Income Tax Regime,” an ...

The Bharatiya Janata Party (BJP) on Thursday questioned Aam Aadmi Party (AAP) national convener Arvind Kejriwal’s “unusually high” income in the 2020-21 fiscal, wherein Kejriwal declared an ...

After reaching a high of 9.16% in 2020-21 due to the pandemic-led expenditure ... possibly expecting some boost from the massive income tax cuts. In her budget speech, Sitharaman gave massive ...

FOURTH QUARTER Total revenue, including billable expenses, was $2.9 billion Revenue before billable expenses ("net revenue") was $2.4 billion, with ...

The Board of Directors of TotalEnergies SE, chaired by CEO Patrick Pouyanné, met on February 4, 2025, to approve the 4 (th) quarter and the full-year 2024 financial statements. On the occasion, ...

A good portion of these gains slowed and were then hampered by the 2020 pandemic ... Among these were: The corporate tax rate was reduced from 35% to 21%, thanks to TCJA. This will likely be ...

MicroStrategy continues to lean into its “21/21” plan ... minimum tax (CAMT). The tax rule imposes a 15% tax on companies with an adjusted financial statement income in excess of $1 billion ...