The ITAT held that income appearing in Form 26AS cannot be taxed unless actually received when the assessee follows cash accounting. The ruling confirms that 26AS entries alone cannot justify ...

The outgoing comptroller general reflects on leading the agency through national crises, building a skilled workforce and ...

The High Court and Supreme Court confirmed that reopening assessments on depreciation and goodwill claims in a Slump Sale transaction was invalid, as material facts were fully disclosed and original ...

An experienced employee at a Miami car dealership has been identified as the mastermind of a sophisticated fraud scheme that ...

Some bring accounting training; many do not. The result can be fragile internal controls, extended close cycles, and added ...