Held: In the instant case, the disallowance of interest expenses was made by AO by taking view that assessee had shown unsecured loan of Rs. 16,36,297/- and had also given loan and advances of Rs. 11, ...
If you are 65 or older, however, you can withdraw HSA funds for non-medical expenses without paying the additional tax penalty. But ordinary income tax rates still apply to distributions for other ...
A CPA can be a valuable asset to your tax toolkit. Here’s a five-step guide on how to find and vet one. Many, or all, of the products featured on this page are from our advertising partners who ...
Rental property accounting software is software specifically tailored for landlords who manage rental properties. It’s a specialized tool that makes managing the financial, bookkeeping and tax ...
This paper discusses the three schools of thought regarding ‘income’ in such cases, the first one that says there must be entry of cost price in the revenue column thereby leading to cancellation in ...