A bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana issued notice to the Centre on a petition filed by women's ri...

The Income-tax Act, 2025 introduces a new audit trigger for businesses. This change clarifies audit requirements for low-profit businesses ...

The Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is fo...

New ITR forms for AY 2026-27 mandate Non-Resident Indians (NRIs) opting for the presumptive income scheme to separately disclose gross rece...

The Gujarat High Court has directed the Central Board of Direct Taxes to extend the Income Tax return filing deadline for audit cases. It h...

Traders declaring business or F&O income below 6% of their turnover may face a mandatory tax audit. This rule applies even if turnover is b...

The Bharatiya Janata Party (BJP) CA Cell in Pune has urged Finance Minister Nirmala Sitharaman to extend Income Tax Return (ITR) and tax au...

Income tax audit: The deadline to submit income tax audit report is September 30, 2024 for those who are liable to conduct one. Question is...

Income tax audit for AY 2024-25: Income tax audit needs to be conducted by certain specified taxpayers by September 30, 2024. "Tax audit re...

The Income Tax Act, 1961 has mandated certain taxpayers to get their books of accounts audited and submit a tax audit report by September 3...

Income tax department has not extended the deadline for income tax audit under section 44AB. This means that now individuals with business ...

The Central Board of Direct Taxes (CBDT) has extended the deadline for income tax audit report submission by a fund, educational institutio...

"CBDT passes order u/s 119 of Income-tax Act, 1961 in F No. 370153/39/2020-TPL dt 11th January, 2021, disposing off the representations for...

The existing provisions of section 194-I of the Act provide for TDS at the time of credit or payment of rent to the payee beyond a threshol...

Budget 2016 proposes to introduce presumptive taxation regime for professionals which till now was for certain eligible persons engaged in ...

Government today extended the deadline for e-filing of income returns and audit reports for a special category of taxpayers, assessed under...

Income Tax department extended the last date for filing I-T return for businessman and professionals who are required to submit the tax aud...