ITAT held that additions under section 153A cannot be made if no incriminating material is found at the assessee’s premises; third-party documents should be invoked via section ...

ITAT rules that an additional 54B claim omitted in the original return cannot be mechanically rejected. AO must examine the claim on merits, verifying capital gains utilisation and statutory ...

Labour faces a pivotal Budget as North Sea leaders warn the Energy Profits Levy is driving jobs, investment and skills overseas.

As the Scottish government drops legislation for greener heating for the second time in a year, Herald columnist Rosemary Goring asks what ...

GOP lawmakers knew subsidies were expiring and premiums would spike, but no clear, conservative alternative emerged.

Central bank interest rates in the UK and EU increased at a rapid pace over 2022 and 2023 to combat escalating inflation.