The case addressed a Rs.605 Cr addition under Section 68 for alleged bogus sales, where the AO didn't reject the books. The ITAT remanded the matter, directing the AO to recompute income by applying ...

Tribunal held that when sales are accepted and supported by evidence, entire purchases cannot be disallowed. Only the profit element can be added, restricting disallowance to ₹8,075 as per Bombay High ...

The non-GAAP measures should not be considered in isolation from or as a substitute for GAAP results. Reconciliations of GAAP ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Diagrimo, an AI-powered visualization tool from Tenorshare, has officially launched, enabling users to instantly turn text ...