The Tribunal ruled that duty drawback income recognized on cash receipt basis cannot be taxed on accrual, as consistent accounting practice caused no revenue ...

Courts ruled that interest paid on loans to associated companies is deductible if commercially expedient and used for business purposes. Lower interest rates compared to borrowed funds do not warrant ...

The other week, I had come to drop something off at my father’s workplace and drove a couple of blocks away after leaving when I realized I had forgotten my phone. I returned and got my phone only to ...