ITAT ruled that cash recorded in a partner’s name during survey cannot be taxed in his hands when the amounts relate to the firm’s land sales and are recorded in the firm’s books. The key takeaway: ...
The buzz of a steep “84 per cent penalty” on cash lying at home has triggered anxiety among some taxpayers. Experts, however, ...
These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...
Abivax Presents Third Quarter 2025 Financial Results Cash and cash equivalents of EUR 589.7 (as of September 30, 2025) with a cash runway into Q4 ...
The Tribunal upheld the addition because the assessee could not prove the creditor’s identity, financial capacity, or the genuineness of the ₹50 lakh credit. Defective confirmation, NIL income of the ...
Outlook Money on MSN
Cash at home: No limit, but be ready to prove the source
No legal limit on home cash, but unexplained amounts risk 84 per cent tax.Proper documentation proves cash sources from withdrawals, savings, sales, or gifts.Scrutiny arises when household cash seems ...
The second week of witness testimony in the murder trial of Brian Walshe is under way as prosecutors continue to work to ...
The chairman of Annan Athletic football club has said he has high hopes of seeing a six-figure return from their away tie ...
Welcoming a U.S. premier Power & Energy brand of approximately 8,000 people to create the #1 Power & Energy platform in the U.S.1 for a total cash purchase ...
Business and Financial Times on MSN
MYTO is coming
Ghana’s new tariff regime unlock the US$2.6 bn in private capital it needs? By Nicholas Solomon Between 2025 and 2030, the ...
Newspoint on MSN
Keeping large cash at home can attract heavy tax and penalties — know the rules before you store money
Many people in India prefer to keep large amounts of cash at home—either to feel financially secure or to avoid paying taxes. But under current income tax regulations, storing unaccounted money at ...
6don MSN
European leaders agree to fund Ukraine for 2 years but using Russian assets poses a major test
European Union leaders have committed to funding Ukraine's economic and military needs for the next two years. At a summit ...
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