Non-speculative losses, such as those from F&O trading, can be set off against any income (except salary) within the same ...

In the case of an individual, theft losses stemming from scams through fraud and deceit are disallowed for tax years 2018 ...

The present appeal is preferred by the assessee. Notably, assessee has challenged the addition of Rs.54,39,870/- on account ...

The retailer lowered earnings expectations after a challenging start to fourth quarter trading, which an analyst termed ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers four questions on paper checks, ...

ITAT Mumbai held that the waiver of differed sales tax liability is a benefit accrued to the assessee arising out of its business hence the sum waived is taxable under section 28(iv) of the Income Tax ...

Tech advancements have made it possible to continuously monitor and rebalance portfolios, allowing for harvesting losses ...

In a trial, the daily GLP-1 pill showed "significant" results and similar side effects to injectable GLP-1 drugs like Ozempic ...

How to File a 1099 for Rental Income Loss & Profit. A Form 1099 gives the IRS information about the transfer of money from one party to another. A series of Forms 1099 cover various transactions.

We describe a low-loss athermal silica-based interleave filter with a lattice-form structure. We athermalize the filter by using a silicone-filled groove formed in each delay line and we employ a ...

The Bombay High Court stated that assessing officer do not have the jurisdiction to go behind net profit in profit and loss account except as per explanation to Section 115J Of Income Tax Act. ...

LPA Group PLC - Saffron Walden, Essex-based engineering firm focused on electronic and electro-mechanical components and systems - Pretax loss widens to GBP475,000 for the six months to March 31 ...