Petitioner, a LLP, engaged in the business of manufacturing and sale of goods claimed to be exempted from liability of tax/duty under GST. AO imposed liability of tax upon the sale for the relevant FY ...

Speculation for this year's budget centers around possible modifications to tax slabs and the introduction of new relief ...

The Goldman Sachs Group reaffirmed their neutral rating on shares of American International Group (NYSE:AIG – Free Report) in a research report report published on Wednesday morning, MarketBeat.com ...

Some related-party 'basis shifting' arrangements are now considered 'transactions of interest' per the IRS's final regulations.

On December 23, 2024, the Tax Court ruled in Denham Capital Management LP v. Commissioner (T.C. Memo. 2024-114)[1], that limited partners that actively participated in the activities of a fund manager ...

As Texas has emerged as the leader in battery storage growth, League City is poised to add two facilities to benefit the city's energy grid.

Guernsey has long been one of the world's premier jurisdictions for investment funds - There are a number of advantages for ...

Welcome to our 17th annual edition of the Top 10 business divorce cases featured on this blog over the past year. This ...

In Europe’s thriving startup ecosystem, the road from concept to success is laden with opportunities—and challenges. European ...

The Institute of Chartered Accountants of India (ICAI) has proposed tax reforms to promote climate change mitigation, a ...

A partnership is one of the most common forms of business organization, characterized by two or more individuals coming ...