This explains when ITC becomes ineligible under Section 17(5)(h) due to expiry or destruction of goods. The key takeaway is that ITC reversal is mandatory and ...

The GST 2.0 reforms aimed to simplify the system with fewer tax slabs, however businesses continue to face challenges in ...

The error arises when rejected TDS entries are not amended by the deductor. Correcting the entry through Table 4 of GSTR-7 ...

US workers can expect to receive a W-2 form by the first week of February. The form details your total earnings from the ...

If you need more time to finish your taxes, the IRS allows one free six month extension. Here's how to file for a tax ...

To find out if you’re on track to reach your financial goals, review your current portfolio balance, combined with your ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

If you’re self-employed, you’ll want to be sure the tax software you choose can handle the complexities of multiple 1099s, quarterly taxes and key business deductions. We tested and scored major ...

IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...

GDRFA Dubai provides an online tool — Inquiry for Smart Gate Registration — that allows travellers to verify whether their ...

Attribution rules look to prevent the creation of business ownership structures that run contrary to Internal Revenue Code ...