The Tribunal ruled that section 263 cannot be invoked merely because no addition was made during reassessment. When the AO conducts proper enquiries and accepts the explanation, revision fails for ...

The tribunal ruled that section 263 cannot be invoked merely because the Commissioner believes further enquiry was possible.

"In October, the amount of money in circulation (broad money, M2) was tallied at 4,056.8 trillion won, based on the average ...

By: KENNETH CUKIER We see the world not as it is, but as we are. In the domain of data, economists need to rethink what ...

The IT department has issued a host of guidance for taxpayers to rectify any mistakes, revise returns, or file their belated ITR. It needs to be noted that your refund could be stuck if you do not ...

Fresh analysis now suggests that 3I/ATLAS may measure barely one kilometre across, an unexpectedly small nucleus given the ...

Far below the reach of sunlight, at roughly 4,000 m deep on the Pacific seafloor, researchers have stumbled on a form of ...

So, in a nutshell, there’s a lot to take into account when picking a winner in each of the Australian Camera Magazine Imaging ...

Last week, Parliament repealed the two-decade old Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and passed ...

Punjab is about 2.3% of India’s population, yet in 2024-25, it generated roughly 309 lakh person-days — about 1.1% of the ...

Break-even can be calculated using the contribution method. This involves working out the contribution that each product sold provides towards the fixed costs of a business. Firstly, a business must ...

Objectives The use of economic evidence to prioritise vaccines and delivery strategies to optimally use in immunisation systems is becoming a global priority, especially in low- and middle-income ...