Constructive receipt matters for the reporting of taxable income, especially under the cash-basis method of accounting. Constructive receipt refers to situations where income can be used despite ...

The holders of one NT$10 million (US$302,792) and four NT$2 million unclaimed winners from the November-December uniform invoice lottery have been urged to collect their cash before the May 5 deadline ...

Digitizing your receipts and other documents allows you to track financial data and file away important information for tax season and may even offer cash-back rewards. Some receipt apps track and ...

Upon reviewing the evidence, ITAT Pune found the transaction genuine and noted that even if the receipt was treated as business income, it would fall under the presumptive taxation scheme of Section ...