News

Donald Trump and the GOP's so-called "Big Beautiful Bill" guts Medicaid to give tax breaks to the rich, but the legislation ...
Underestimating depreciation can lead to overstated asset values, inaccurate expense reporting, and misleading financial ratios. Failing to account for depreciation properly can result in flawed ...
Investing.com -- Groupe ADP (EPA: ADP) stock pared earlier losses to trade down just 0.3% after the Paris airport operator issued a profit warning for the first half of 2025, citing foreign exchange ...
a. In the intimation u/s 143 (1), the net profit of Rs. 1,44,77,479/- has been considered instead of Nil profit as per books of accounts declared in (item 45 of part A of P&L in ITR Form-6) the return ...
Economic profit is profit that remains after subtracting opportunity costs from net income. Here you will learn what economic profit is and how to calculate.
EBITDA stands for Earnings before Interest, Taxes, Depreciation, and Amortization. It is a financial metric that represents the operational profitability of a company. EBITDA essentially answers ...
Your gross profit, operating expenses, depreciation, amortization and purchasing of new assets will all have an impact on your operating profit figure except taxes and interest earned from cash, ...
Accelerated depreciation allows businesses to write off the cost of an asset more quickly than the traditional straight-line method. This can provide asset owners with potentially valuable tax ...
The Telangana High Court has held that for purposes of taxation, “accumulated profits” of a company are to be calculated after adjusting depreciation as per the Income Tax Act, 1961. In ruling ...
The most common tax depreciation method used in the U.S. is the Modified Accelerated Cost Recovery System or MACRS. This accelerates depreciation and provides greater deductions in the early years.
The BMT Tax Depreciation assessment says Maddy and Charlotte have the property with the lowest estimated total tax deductions at $4.24 million to $4.685 million, followed by Courtney and Grant, $4 ...
There is no one best method of calculating depreciation for tax reporting purposes. Each approach has its merits and may be the most suitable for a specific asset and situation.