ITAT Delhi held that as per the MAT provisions of section 115JB of the Income Tax Act the lower of book losses or unabsorbed ...

The Tax Cuts and Jobs Act (TCJA) had allowed 100 percent bonus depreciation through 2022. That allowance is now in a ...

ITAT Mumbai dismisses Revenues appeal, ruling that Goodwill from a High Court-approved amalgamation is a depreciable intangible asset under Section 32, rejecting the claim that it represents ...

Black Book didn’t need an entire word to describe the most significant element impacting the wholesale market last week.

It's common knowledge that cars depreciate in value very quickly after purchase. These Japanese cars tend to lose even more ...

Like a roller coaster at a state fair, wholesale vehicle values descended rapidly in October — and the declines were “faster ...

We talked to experts and did the math across the different vehicle costs over 15 years to see which one is the cheapest in the long run. The answer might surprise you.

In the US, a corporation pays tax on its profits to the federal government and to about 44 states. The states’ income taxes ...

TurboTenant reports landlords can legally avoid taxes on rental income through strategies like the Augusta rule, deductions, ...

Q3 2025 Earnings Call November 12, 2025 5:00 PM ESTCompany ParticipantsMark Newcomer - Co-Founder, President & CEOJeffery Baker ...

Read premium business news, economic analysis, and market reporting from New Zealand’s most trusted business newsroom.

Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1) ...