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ITAT Mumbai held that transaction of sale of shares is not business income since assessee was never involved in the business affairs of the company. Further, consideration is treated as capital gain ...

The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

If you’ve ever looked at a company’s financial statement and felt lost in the numbers, you're not alone. Terms like revenue, ...

Most Australians get their personal income from their jobs, but investments are also growing as a source of income for many. Workers in the mining industry enjoy the highest median employment income ...

The Times of India introduces 'Hack of the Day,' offering simple, practical solutions for everyday challenges to save time, ...

A growing share of lower-income Americans are struggling to get by financially as their wages fail to keep up with inflation, according to a recent analysis. Roughly 29% of lower-income households are ...

Breaking Down Financial Statements Whether you’re a seasoned investor or just trying to get a better handle on finance, understanding financial statements is a skill worth having in your toolkit. Sure ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Close to 74 million Americans receive Social Security benefits. Nearly two-thirds (63%) say their checks account for at least half of their personal income, according to the Pew Research Center, and ...

Perform in-depth fundamental analysis with decades of income statements, balance sheets, and cash flows — all exportable.