Mercury General Corporation, with a market capitalization of $3 billion, reported its fourth-quarter 2024 earnings, significantly surpassing analyst expectations. The company achieved an earnings per ...

Karnataka High Court held that in case of service of retreading tyres, service tax is payable only with respect to the service component under the Finance Act. Service tax is not payable on the entire ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Beijing courts have stepped up efforts to resolve cases related to people's livelihoods over the past year, implementing measures to make legal services more accessible to litigants, according to a ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

ITAT Raipur held that exemption under section 11 and section 12 of the Income Tax Act not admissible to assessee society due to non-furnishing of return of income as required u/s. 12A (1) (b) of the ...

Directing the Central Board of Direct Taxes (CBDT) to reconsider the case, the court ruled that the order, issued by the Additional Commissioner of Income Tax (OSD), was invalid as it lacked proper ...

The Pennsylvania Commonwealth Court affirmed orders of the Board of Finance and Revenue (Board) denying Level 3 Communications, LLC’s request for a refund of gross receipts excise tax it paid on sales ...

Budget 2025: Shetty advocates for a 30% flat deduction on gross income with a ₹15 lakh ceiling on deductions. Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman should look ...

Corey Alan Gaulrapp, 49, Alexandria — In connection with a Jan. 16 incident, Gaulrapp was charged with one count of driving after cancellation. Appryl Louise Wolpert, 58, Motley — In connection with a ...

Petitioners could not claim charitable contribution deductions carried over to tax years 2016 and 2017 resulting from the gross misstatement of the value of commercial property donated to a charity in ...