The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting requirements for third-party payment networks under the One, Big, Beautiful ...

Long revered as a modest symbol of our democracy, the White House and its East Wing today symbolize Donald Trump’s ...

Where inspection reports and material evidence establish non-functional business activity and assessee failed to avail ...

The amendment to Explanation 1(d) of Rule 43 of the CGST Rules, 2017, effected vide Notification No. 14/2022 – Central Tax ...

Relying on the Schneider Electric judgment of the Delhi High Court, the ITAT held that absence of a separate immunity order within one month does not justify penalty ...

Analysis of GSTR-9 and 9C changes for FY 2024-25, including mandatory ITC segregation, new reversal disclosures, and detailed reconciliation requirements. Due date is Dec 31, 2025; exemption for ...

What is the welfare state America wants, and what is the one it can afford? This is not a question Americans are ready to ...

The core issue was the disallowance of Rs.169 Cr in Customer Acquisition Cost (CAC), treated as capital expenditure for an enduring benefit. The ITAT deleted the addition, ruling that routine, ...

Tribunal compared Juniper’s interlinked trading and service activities to the egg-or-chicken story, holding entity-level TNMM appropriate and deleting the TP ...

The ITAT followed its earlier ruling for the German financial institution, confirming that the management/processing fee was a component of the loan financing and not a fee for technical services. The ...

California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington ...

As New Yorkers cast their ballots in the city’s mayoral race, Democratic mayoral nominee Zohran Mamdani sent a message to ...