The company expressed confidence in its position, stating that it has strong grounds to challenge the order and is taking ...

Swiggy said it has a strong case on merits and will be filing an appeal against the order before the appropriate authority.

The Finance Act, 2023 introduced Clause (h) under Section 43B of the Income Tax Act, which disallows deduction for payments due to Micro and Small Enterprises (MSEs) if not made within the prescribed ...

ITAT Surat held that interest paid in respect of business profit attributable to section 80P (2) of the Income Tax Act is allowable. Accordingly, AO directed to consider direct nexus of interest paid ...

The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.

Eligibility for federal student financial aid is primarily based on income as reported for tax purposes. However, tax-exempt ...

Help your child learn the process and build good habits Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as ...

The financial year 2024-25 is nearing its end, making March 31 a critical deadline for taxpayers. Failing to meet tax-related obligations by this date can result in significant financial losses. Here ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. David is ...

Except for some senior citizens, advance tax must be paid by all assessees, including NRIs, if the tax payable is ₹10,000 or more. Read on to avoid paying fines in the form of interest.

The Union Budget 2025 proposed to put more money in the hands of the middle class and senior citizens. The threshold limit has been doubled for senior citizens to achieve this. From April 1, interest ...