A cash disbursement journal records all cash payments made by a business. It includes date, amount, payee, and purpose of ...

ITAT Mumbai held that that reimbursement of expenses at cost is not taxable as fees for technical services since there is no element of income attached to the transaction. Accordingly, revenue’s ...

ITAT Chennai held that when the cash is sourced out of recorded sales, the provisions of section 69A of the Income Tax Act could not be invoked since sales have already been offered to tax and taxing ...

ABU DHABI, 6th February, 2025 (WAM) -- ADNOC Gas plc and its subsidiaries today announced record earnings for the full year (FY) 2024 of $5 billion and its highest quarterly income of $1.38 ...

The bank achieved a record-low cost/income ratio of 42.7%, one of the best in Europe. Technology remains at the core of Intesa Sanpaolo’s strategy. The bank has invested €4.2 billion in ...

Invoice finance is a type of receivables finance, which includes factoring and discounting. Factoring is present when a business assigns their invoices to a third party and the factoring company has ...

(CBS DETROIT) - Big profits are resulting in big record-breaking bonuses for General Motors hourly employees next month. Hourly employees who worked 1,850 compensated hours will receive a full ...

Milley, retired chair of the Joint Chiefs of Staff, that he is removing his security detail, revoking his security clearance, and ordering an inspector-general inquiry into his record, the ...

General Motors Co.'s net income of $6 billion last year was down ... Without the charges in China, adjusted operating profit was a record $14.9 billion, up 21% from 2023, for the year, and for ...

Nearly a year after Pennsylvania State University announced plans to cut $94 million from its budget, beginning in July of this year, Penn State Behrend has confirmed the elimination of eight ...