As a business owner, you’re likely always looking for ways to work smarter and improve processes and efficiencies.

In a significant decision, the Income Tax Appellate Tribunal (ITAT), Mumbai bench, distinguished between a legal owner (an ...

ITAT Raipur held that entire addition of transaction in the hands of assessee under section 69 of the Income Tax Act as ...

On March 21, the Financial Crimes Enforcement Network (FinCEN) submitted an interim final rule (IFR) to the Federal Register, regarding the ...

The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report ...

The Financial Crimes Enforcement Network has issued an interim final rule exempting domestic U.S. companies and U.S. citizens ...

This comes in response to a growing number of visitors seeking assistance with issues ranging from disclosing "beneficial owner" information to canceling forgotten or suspended licenses to avoid penal ...

The law defines a beneficial owner as anyone who controls 25% or more of a company or exercises substantial control over a company, either directly or indirectly. Following Sunday's announcement, ...

The ITAT decided that merely having one's name on a property title does not automatically mean ownership if there is clear ...

To apply the correct rate of withholding, you should have enough recent information to prove that the payee: is the beneficial owner of the income is resident in a country with which Canada has a tax ...

Assessee is an individual who did not file the return of income since the taxable income was below the basic exemption limit for the year under consideration . Notice u/s 148 was issued and ...

SINGAPORE: The High Court on Thursday (March 20) dismissed a claim by motoring tycoon Peter Kwee that he is the true owner of ...