Receiving a statutory demand can be a critical moment for any company. In this guide, Rico Dexiades, Partner at Thomson Snell & Passmore LLP, explains what it means, how to ...

Section 68 of the Income Tax Act governs unexplained cash credits. If a sum appears in a taxpayer’s books and its nature or source is unclear or unsatisfactory, it is treated as taxable income. This ...

ITAT Chennai held that when the cash is sourced out of recorded sales, the provisions of section 69A of the Income Tax Act could not be invoked since sales have already been offered to tax and taxing ...

That amount is payable within the time limit designated in a VHT assessment, and accrues staggering interest of 15% per annum on the unpaid balance thereafter ... in your real estate lawyer's ...

Please stay alert and if you have any concerns please contact the Student Accounts team in the first instance – [email protected] You should receive a confirmation letter from the ...

After receiving your initial confirmation email, you’ll be asked to click on ... if the home is vacant in 2023 the tax will be calculated using the 2023 CVA and will become payable in 2024. If a ...

In accounting, accounts payable is categorized as a current liability on the balance sheet and represents a company’s obligation to make future payments. The management of accounts payable is ...

New entrepreneurs should master some key vocabulary from the business lexicon. Here are the most important business terms for ...

Accrued interest payable is the amount of interest that a borrower owes on a loan or debt but has not yet paid. This financial obligation is recorded on the company’s balance sheet as a ...

Fewer couples are combining their bank accounts. But that trend may not promote partners’ overall financial health, experts say. Nia Darville Stokes-Hicks and Armondi Stokes-Hicks started their ...

If shrinking government and cutting waste helps us balance a budget, so be it. I would love to see this new administration and Congress balance the federal budget.

are telling senators, if you are not with us, you will lose in upcoming primaries. Because of Trump and his followers in Washington, we are losing the constitutional balance of power.