Accountants who advise private equity clients will want to be aware of what these mean for private equity sponsors and their ...

Remittances from overseas Filipinos grew at a faster clip in August, reflecting their resilience amid global headwinds, and ...

Famed short seller Jim Chanos slams IREN's growth story, citing "Hopium," questionable accounting, and a 9-year GPU life. See his critique.

ITAT Ahmedabad upholds PCIT's Section 263 order, ruling that tax depreciation must comply with Explanation 10 to Section 43(1) and ICDS-VII. Unadjusted Government grants must reduce WDV, regardless of ...

In Brief The recently enacted H.R. 1, the so-called One Big Beautiful Bill Act (OBBBA), extends many of the provisions of the ...

Tribunal held that goodwill arising from court-approved amalgamation is a depreciable intangible asset. AO & CIT(A)’s disallowance based on colourable device allegation was ...

They are always telling you "I told you so!"  I'm not that kind of guy, I hope you know that by now, but in this case, I did ...

Each category includes what it covers, why it qualifies as deductible, and any special IRS rules or limits you should know.

Depreciation is a crucial concept in finance, affecting both businesses and personal life. It measures the loss of value of ...

Infosys clinches $1.6 billion NHS deal, closing revenue gap with Cognizant. Investors eye growth, AI strategy, and margins ...

End-of-year accounting clean-up is essential for your farm’s financial health and for tax preparation. Since there are many ...

IN ARTIFICIAL INTELLIGENCE, billions are so 2022. Three years after ChatGPT ignited the AI boom, the business is all about trillions. The market value of Microsoft, whose Azure cloud has a glistening ...