ITAT Ahmedabad held that addition under section 69A of the Income Tax Act not sustained since three key ingredients i.e. identity, genuineness and creditworthiness of parties being proved. Accordingly ...

Dear "Befuddled": Please read "our" Constitution including all the Amendments. The Fifth Amendment, which is part of the Bill of Rights, states that "no person shall be deprived of life, liberty ...

Quality of care would suffer and shutdown risks would not be eliminated. When Northern Light closed Inland Hospital several weeks ago, the announcement confirmed the financial mess that Maine’s ...

Politicians are constantly blaring that the rich need to “pay their fair share.” It’s time for these politicians to ask elite tax-exempt organizations to pay their fair share, too.

In that case, the guidelines for keeping cash on hand change quite a bit. Here’s what you need to know before you retire. I'm 49 years old and have nothing saved for retirement — what should I do?

Every employee in the UK will receive a letter from their employer within the ... NT, on the other hand, means no tax is being paid on the income. Canada Life's research points out that the ...

In Switzerland, on the other hand, there is no limit. The only requirement is proof of identity for all cash payments over CHF100,000. This content was published on Dec 13, 2014 In recent years ...

Letters detailing the compensation amounts have been sent to qualifying customers via the post and while some may see money in their accounts before these letters arrive, it could come as a bit of ...

Years ago, I worked for a bank as an Express Banker. That was a nice title that meant all the customer problems came to me.

So, how much cash should you have on hand? To cushion the blow in a market downturn, Orman recommends stashing away three to five years’ worth of living expenses in a liquid, low-risk account ...

Barclays is dishing out money to some customers as a goodwill gesture after a significant system failure earlier this year. The bank has begun the process of compensating some of its users for the ...