Discover the differences, advantages, and drawbacks of single-step vs. multiple-step income statements for better financial ...

It was ruled that speculative losses from non-genuine share transactions cannot be adjusted against interest income. The decision reinforces strict application of sections 43(5) and 73 where delivery ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

The issue was whether revision could be invoked despite detailed verification of unsecured loans during scrutiny. The ITAT ...