Laura Loomer has a net worth of $11 million. A majority of Loomer’s wealth comes from inheritance, speaking fees, and donations. She earns a $500,000 salary annually through […]
Riley Reid’s $19 Million Wealth and OFs Income
Estimates suggest that Riley Reid has a net worth of $19 Million USD. Reid is one of the highest-earning people on Only*Fans with over $7 Million in annual […]
Husband is eligible for Deduction u/s 24 for the property owned by wife.
Home › Forums › Husband is eligible for Deduction u/s 24 for the property owned by wife. Total Replies – 10 Author Posts On 07 January 2025 at […]
Coffee Meets Bagel Valuation and Earnings
Coffee Meets Bagel failed to get any investment on the Shark Tank, but has successfully raised over $18 Million through outside funding. According to the Shark Tank update, […]
TCS on Scrap.
Home › Forums › TCS on Scrap. Total Replies – 15 Author Posts On 04 January 2025 at 18:50:46 sukhwani keyur Whether TCS applicable on mere trading of […]
Taxability of Corporate Guarantees under GST
Corporate guarantees are common in business, where a parent or holding company offers a guarantee to financial institutions on behalf of its subsidiary. These guarantees are covered under […]
Force of Attraction (FoA) Clause in Tax Treaties
The FoA rule provides that when a foreign enterprise sets up a PE in a source state, it brings itself within the fiscal jurisdiction of the source state […]
Audit of Loans from Business Rule Engines (BREs)
Traditionally, to sanction a loan, banks conduct due diligence on the borrower, verify the relevant documents like KYC and balance sheets, perform pre-sanction inspection, and assess the loan […]
Recent Amendments in Chapter XVII-B and XVII-BB
This article analyses the amendments made by the Finance (No.2) Act, 2024 with respect to the provisions contained in Chapter XVII-B and XVII-BB of the Income-tax Act, 1961 […]
Benford’s Law as a Forensic Accounting Tool in NSE Sectors
Benford’s Law posits that the distribution of leading digits1 (0-9) in a large dataset follows a logarithmic pattern, with the digit ‘1’ being the most prevalent. Widely used […]