The Court held that penalty under Section 48(5) cannot be imposed based solely on suspicion without proof that the transaction was omitted from books. The order was set aside due to lack of evidence ...

ITAT Pune held that the Section 263 revision was unsustainable as the AO conducted adequate scrutiny and expenses were recovered from associated enterprises. Expenditure classification did not make ...

Federal agents often seize cash from suspected drug traffickers at the nation's airports, including Dallas-Fort Worth ...

Chancellor Rachel Reeves is expected to receive a report on the dramatic Budget leak that saw key documents made public ...

Troops are hooked on investing. They’re trading tips from cockpits and the decks of aircraft carriers, and making fortunes.

In early 2020, all roads in American politics led to Medicare for All. The policy demand, shorthand for a universal, ...

Today On TAP Weekday newsletter features commentary from Robert Kuttner, Harold Meyerson and more, plus links to what's trending at Prospect.org.

U.S. President Donald Trump may have taken some wind out of the sails of the energy transition, but there appears to be ...

Customer deposits and staff are in limbo after two companies behind a luxury caravan manufacturer went into administration.

Twenty-five years ago Jan and Marica Vilcek started the Vilcek Foundation with a simple yet powerful goal: advocate for immigrants and uplift the arts and sciences. Since its creation, the foundation ...

Mahindra & Mahindra rises to India’s top 2 passenger-vehicle makers with SUVs like Thar, Scorpio-N, XUV700, under CEO Anish ...

Founded in Dubai in 2016 by entrepreneurs Anish K Joy and Jolly Antony, Phygicart made a high-profile entry into the Kerala ...