News

Section 143(1) notice is a routine tax intimation from the Income Tax Department highlighting discrepancies or acceptance of ...
Artificio launches AI-powered tool to auto-generate income summary sheets ... significantly reducing time spent on manual data entry and income analysis. This breakthrough enhancement is now ...
In a renewed crackdown on tax evasion, the income tax department has started re-examining several previously concluded assessment cases. The reassessment cases are largely focused on businesses ...
Daily Journal Corporation ... in non-operating income was primarily due to net unrealized gains on marketable securities. Disclaimer: This is an AI-generated summary of a press release distributed ...
“Phantom income” represents a challenge for taxpayers and businesses in tax planning and financial management—but its consequences may be worse for payors of alimony and child suppor ...
This is the most local government-friendly entry because it does not jeopardize local revenue. Building maintenance would shift to the state’s general fund made up of income and sales tax.
NEWTON, Mass., November 25, 2024--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) ("OPI") announced it has entered into an exchange agreement ("Exchange Agreement") providing for a ...
Retirement income planning is becoming an increasingly important topic as roughly 10,000 baby boomers turn 65 every day. The reality is that over half of those facing retirement have never done a ...
Delhi High Court raises EWS category quota income threshold to Rs 5 lakh annually; asks Delhi government to eliminate self-declaration of income; orders DoE to verify income and monitor ...
To transfer each account’s balance, you’ll need to post adjusting journal entries: – To close each revenue account: Debit the revenue account and credit the income summary account. – To close each ...
If elected governor, Crouch told the Daily Journal she hopes to accomplish scrapping the income tax in her first term. She said she’d start pushing for it in the next budget, which will be ...
By inadequately disclosing documents and information that accurately and fully establish their true income or income potential, they can increase or decrease—at least on paper—the amount of ...