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TAX AUDIT DEADLINE EXTENDED
Deadlines for income tax audit and ITR filing extended for AY 2026-2027 to these datesThe Central Government has extended the deadline for filing Income Tax Returns for the Assessment Year 2026-27. Taxpayers subject to audit ...- IndusInd Bank CEO Rajiv Anand says name ‘unmapped’ from voter rollRajiv Anand, the MD and CEO of IndusInd Bank, has been informed that his name is unmapped from the electoral roll. He expressed confusion a...
- Grain trader deposited Rs 5.2 crore cash in bank, filed ITR declaring Rs 7.65 lakh income, got unexplained deposit income tax notice; won case in ITAT Delhi for this reasonWhen Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs...
- Fortis Healthcare confident forensic audit will clear company in share transfer disputeFortis Healthcare has expressed confidence that a forensic audit will verify its non-involvement in a share transfer dispute. The Supreme C...
- What happens if Social Security payroll taxes rise to 17%? The 2032 funding deadline could put thousands of dollars at stake for workersA higher Social Security tax could eventually take a noticeable bite out of workers’ paychecks. One estimate says closing the program’s lon...
- SIR controversy: EC says agendas will be shared ahead of meetings, minutes to be issuedGyanesh Kumar CEC Row news: The Election Commission announced its decision regarding the Special Intensive Revision of electoral rolls on S...
- ICAI tells members to complete statutory compliance before nationwide bank strikeBank employee unions have called the three-day strike, during which branch operations across public sector banks are expected to remain dis...
- Social Security could face a 22% benefit cut in 2032 - here are the changes being discussedSocial Security is approaching a funding gap projected to occur by 2032, necessitating Congressional intervention. Options under considerat...
- BRICS tax model needs to reflect reality: FM Nirmala SitharamanIndia will lead both working groups. The meeting also approved terms of reference of the BRICS Tax Support Network. Addressing the BRICS He...
- A $3.2 Billion Showdown: Democrats say Trump is redirecting aid and letting millions expireDemocratic Sens. Patty Murray and Brian Schatz say the Trump administration plans to allow $725 million to reach the deadline without direc...
- CBDT eases TDS compliance for property buyers dealing with non-residentsThe Central Board of Direct Taxes is set to simplify TDS compliance requirements for residents buying property from non-residents. From Oct...
- BRICS should work together on transfer pricing as disputes burden developing nations: FMFinance Minister Nirmala Sitharaman emphasized the need for BRICS nations to improve collaboration on international taxation. She proposed ...
- BRICS economies must shape global tax rules for next generation, says FM SitharamanFinance Minister Nirmala Sitharaman said BRICS countries need to ensure their views are reflected in the new global tax rules, as decisions...
- IBPS RRB Recruitment 2026: Application deadline extended; check last date to apply, direct link, fee structure, how to apply and important documentsIBPS RRB recruitment last date was earlier 21st September. Now the date has been changed and extended for a week. So applicants can now app...
- Can India build its own Big Four? The battle moves to the rulebookIndia is moving to reshape its accounting sector as ICAI prepares Chartered Accountants Act changes aimed at enabling larger domestic firms...
- Missed ITR deadline and TDS refund is due? Know how to claim your refund before it’s too lateMissed the ITR filing deadline? Don't panic! You might still claim your TDS refund. Learn about filing belated returns, potential fees, int...
- Income Tax Rules 2026 amended: CBDT revises Form 169, Form 171; extends these deadlinesThe Central Board of Direct Taxes has rolled out significant amendments to income tax regulations for 2026, particularly affecting electron...
- 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...
- Advance tax deadline of September 15, 2026: What will be the consequences if you miss the due date?The second advance tax instalment deadline is September 15, 2026. Failure to pay by this date incurs penal interest charges. Advance tax is...
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