The country’s budget deficit projection is edging towards a 3 per cent gross domestic product cap. Read more at ...
The court examined whether delay in filing a revised return caused by an audit reporting mistake and COVID-19 disruption should be condoned. It held that the explanation was bona fide and directed ...
Fintech SaaS startup Prosperr.io has raised $4 Mn (around INR 36 Cr) in its seed funding round led by Jungle Ventures, with ...
The special counsel team led by Min Joong-ki, investigating allegations related to former first lady Kim Keon-hee, has ...
A former employee of Alpha-Beta Consulting Limited, Segun Oluwasanmi, has accused the revenue consulting firm of systematic tax evasion through the under-declaration of staff salaries and ...
The UAW International Union's audit on the Local 862 in Louisville uncovered years of financial errors and questions ...
Accountability advocates and Republican state lawmakers are calling for Maryland to tighten oversight of the food stamp ...
The assessee argued that revision proceedings were vitiated as they followed an audit objection. The ITAT rejected this plea, holding that audit-based information can validly trigger revision if ...
The auditor focused on child safety, investigations, placements, technology systems, health services, staffing, and oversight ...
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No more audits… for now

Note that the suspension covers all taxable years up to 2022. As of now, no issuance has been released specifically addressing taxable year 2023. While the suspension is broad, the BIR cannot ...
However, the situation is complicated by existing regulatory provisions that allow certain companies to declare stock dividends without seeking prior BSEC approval ...
A nonprofit claimed millions in property tax breaks in Wisconsin while being closely linked to a New York real estate investment firm.