ITAT Surat held that since issue of re-assessment proceedings and issue of revisionary proceedings are different, period of two years would start from the date of intimation u/s. 143 (1). Thus, since ...

The investor would pay ordinary income taxes on the $1.20 in the year in ... and interviews with industry experts. We also reference original research from other reputable publishers where ...

The broad tax package passed by House Republicans last week includes a bill that would eliminate federal income taxes on tips ...

The textile industry, in particular, faces a major impending challenge. Currently, cotton imports are exempt from tax. However, the new budget proposes a 2% advance income tax (AIT) on imported raw ...

In the rapidly evolving health care industry, organizational structures often include management services organizations (MSOs) to set apart clinical and nonclinical activities. The purpose of an MSO ...

Deferred revenue liabilities must be carefully considered in conjunction with taxable asset sales, contributions to capital, and classification elections.

I’ve reintroduced with my colleague from Cleveland, Sen. Kent Smith. Senate Bill 190 is a mini-budget bill entitled "A Good ...

Sources within the Ministry of Finance and the National Board of Revenue (NBR) indicate that industries producing mobile phones, electronics, home appliances, toiletries, LPG cylinders, elevators, ...

The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax ...

These provisions may not have top billing in the sweeping GOP tax bill, but they could have a big impact on Americans' ...

Take a seat in the Break Room, our weekly round-up of labor news in Minnesota and beyond. This week: Building trades push for ...

Natalia Denegri is the owner of Baires Grill and an Emmy award-winning journalist based in Miami. Earlier this month, she ...