Mumbai Police's Economic Offences Wing (EOW) has so far recorded statements of seven to eight employees of the bank. Ex-CFO Gobind Jain recorded his statement today. Mumbai Police’s Economic Offences ...

While net profit is a key profitability indicator, it doesn't reflect liquidity. Many profitable companies face negative cash flow, while some loss-making firms have positive cash flow due to accrual ...

Accounting principles and procedures are relevant to all business activities, regardless of the type of business entity or the form of enterprise. Two of the most common forms of business enterprises ...

Initor Global UK provides premium outsourced services to UK accountants and businesses. Have you found this content useful? Use the button above to save it to your profile. Making Tax Digital for ...

According to the advisory, the correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. Earlier, the 6-year duration permitted for the ...

If you're a self-employed worker in transportation – whether you're running a logistics business, courier service, or otherwise – Making Tax Digital (MTD) for Income Tax is a major change to how you ...

Income Tax Department said that March 31, 2026 is the deadline for TDS, TCS correction statements. This applies to FY 2018-19 Q4 to FY 2023-24 Q3. Deductors, collectors must correct errors before ...

The deadline to file Income Tax returns is winding down for most taxpayers — with many likely to incur fines after September 15. Taxpayers struggling to collate their financial data for submission can ...