The Tribunal ruled that estimating higher profit without rejecting audited books or finding major defects is impermissible. The declared 7% margin was accepted as reasonable, emphasizing limits on ...

Non-league team Billericay Town have revealed that their player Jack Evans suffered serious injuries in an "unprovoked attack ...

Every year, the Government of India presents the Union Budget, which acts as a financial roadmap for the country. The Union ...

The alleged New Year's Eve incident has left Evans unable to resume work, with an extended absence from his regular ...

The issue was whether sale proceeds of inherited jewellery could be taxed as unexplained cash credits. The Tribunal held that valuation reports, affidavits, and banking records sufficiently explained ...

By Olakunle OlafioyeThe month of January is here with the Federal Government’s new tax policy. Many Nigerians have spent the last few weeks in apprehension of the new tax regime as fear of losing more ...

Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

HUNDREDS of thousands of Brits are due a £25 cash boost as freezing temperatures trigger special payouts. The Department for ...

Discover how gross profit and operating income differ and why both are crucial in assessing a company’s financial health. Get ...