You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

The government has issued a statement amid concerns that many state pensioners will be pushed into paying income tax for the ...

Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...

Kerala High Court held that declaring income and paying tax under Income Tax Act does not preclude action under the Benami Transactions Act, as both operate ...

ITAT Chandigarh restricted the unexplained cash addition to ₹2.5 lakh, deleting ₹10 lakh in Sher Singh vs ITO for AY 2017–18, ...

Sony has released its financial statement for the second quarter of the fiscal year, and Destiny 2 and Bungie have proven ...

As self-employment rises, the company's advanced calculators for high-net-worth and self-employed borrowers see record-high ...

Chinese authorities stepped up efforts to collect taxes from citizens with overseas investment income as part of a broader ...

An online petition calling for planned changes to make tax digital from April 2026 to be scrapped has received a response ...