8 changes in income tax audit forms for AY 2026-2027; what taxpayers need to knowFor the assessment year 2026-2027, the deadline for income tax audits is set for September 30, 2026. Businesses utilizing presumptive taxat...
Tax Audit Report deadline: Who needs to upload it by September 30, 2026The deadline for uploading tax audit reports is set for September 30, 2026, specifically targeting certain taxpayers. Chartered accountants...
In 2025, First Solar began production at a 2.4-million-square-foot Louisiana plant. 1 year later, it can turn raw glass into 12 finished panels every minuteA massive Louisiana solar panel factory operates independently of new import tariffs. This plant produces panels using a unique cadmium tel...
Gratuity tax deduction denied due to ITR filing error? ITAT Chennai says genuine claims can't be rejectedDue to incorrect schedule in original ITR gratuity tax deduction under Section 43B denied; ITAT Chennai gives relief and says a genuine ded...
Form 16, 26AS and others renamed: Big income tax form changes from April 1, 2026
Top five changes in income tax audit form 3CD for AY 2025-26; Check detailsThe CBDT has announced changes to Form 3CD, applicable for FY 2024-25, impacting tax audit reporting. Key changes include revised reporting...
Income tax audit forms are now enabled for business and professional income on ITR e-filing portal, check 5 prominent changes in form 3CA-3CD and 3CB-3CDThe Income Tax Department has enabled Income Tax Audit via Forms 3CA-3CD and 3CB-3CD on the e-Filing ITR portal. These changes are effectiv...
What are the documents required to be maintained for an income tax audit?There are various documents which an individual has to maintain following specific accounting principles and format in order to successfull...
AmeriStar launches high-yield CD programme with cryptocurrency payment optionAmeriStar high-yield CD programme features an innovative option to use cryptocurrency as a form of payment
ITR filing: Deadline to file income tax returns with audit reports for AY 2022-23 extended to November 7; know detailsThe CBDT has extended the due date for filing income tax return (ITRs) by corporate and individuals whose accounts need to be audited, to N...
How to file tax audit reportThere are certain income tax assessees who need to file a tax audit report at the time of filing their income tax return.
Chart Check: L&T Technology Services showing signs of trend reversal after over 30% fall from highs; time to buy?The stock with a market capitalisation of more than Rs 37,000 cr hit a 52-week high of Rs 5,958 on 4 January 2022 but the trend went sidewa...
CBDT allows tax audit report revision in case of disallowance recalculation, notifies rulesSection 40 refers to amounts that are not deductible while computing income chargeable under profits and gains of business or profession, w...
Tax audit reporting of non-salaried gets toughTaxpayers responsible for deducting TDS are required to file periodical statements of the transactions from which tax has been deducted at ...
- Banks tap MFs and cash rich peers to mobilise funds
Banks raised over Rs 7,600 cr by issuing certificate of deposits, another form of FDs offered only to institutions.
- Next Gen Publishing releases 'Forbes Yellow Pages'
Next Gen Publishing, a leading content generating company formed by Forbes Group and HDFC has released Forbes Yellow Pages, Mumbai.
- Govt sees 50% rise in FBT mop-up in ’06-07
The government said on Tuesday that it expects a 50% increase in fringe benefit tax (FBT) collection during ’06-07.