Mumbai revolved around an addition of ₹2 crore under Section 68 of the Income Tax Act. The Revenue challenged the deletion of this addition by the Commissioner of Income Tax (Appeals) [CIT(A)], ...

Section 128A of the CGST Act, effective from September 27, 2024, through Notification No. 17/2024, provides taxpayers relief from interest and penalties in non-fraud cases. This section aims to reduce ...

Cincinnati Financial Corporation (Nasdaq: CINF) today reported: Fourth-quarter 2024 net income of $405 million, or $2.56 ...