Every year, Marijke Stob has at least two doctor’s appointments – checkups that regularly include computed tomography (CT) ...

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 Delhi held that partial doubts in trading segment losses cannot lead to total rejection of books under Section 145. The ruling confirms that documented losses supported by evidence must be ...

Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1). Similarly, 40% of households had a $0 federal tax bill in 2022, under the ...