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TAX AUDIT DUE DATE
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...
Rs 1 crore foreign asset limit under FAST-DS 2026: What taxpayers must know about undisclosed incomeFAST-DS 2026 prescribes detailed rules for valuing foreign assets, but how should undisclosed foreign income be computed for the ₹1-crore l...
Kore Digital shares crash 10% as Sebi alleges Rs 541 cr revenue misstatement, bars CEO, CFO and MD from capital marketKore Digital shares plunged after Sebi barred the company and key executives from the securities market over alleged financial statement ma...
Can NRIs save income tax by gifting shares to their resident parents? Know these tax rules before transferring sharesWhile giving shares to your parents who reside in your home country might appear as a thoughtful gesture, it has substantial tax considerat...
Sebi bars Kore Digital promoters over alleged Rs 541 crore revenue misstatementSebi has restrained Kore Digital and three key executives after finding prima facie evidence of misstated financials, questionable subsidia...
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...
34-year-old woman told Rs 9 crore sent to her from abroad was stuck at customs; she paid for its release, lost Rs 1.2 crore to fraudA 34-year-old West Delhi woman allegedly lost around Rs 1.2 crore after fraudsters told her a diplomatic parcel containing £7 lakh was stuc...
ITR filed under old tax regime by mistake, income tax paid under new regime: How a lady won case in ITAT DelhiFiled ITR under the old tax regime but paid income tax under the new tax regime; ladywins case in ITAT Delhi after proving her accountant m...
PVR Inox buyback: Last chance to participate in multiplex operator's Rs 300 crore buyback. Should you tender shares?The record date for the buyback was scheduled for September 4. This means only those shareholders who owned shares of the company on that d...
NFRA to release second Staff Series on Technology in AuditThe series is in line with NFRA's obligations to suggest measures to improve overall audit quality and promote awareness of the significanc...
Delhi High Court raps ITAT over Patanjali tax appeals; cites 'undue haste' and 'non-application of mind' in proceedingsThe Delhi High Court criticized the Income Tax Appellate Tribunal for its procedural lapses. The tribunal's actions in a Patanjali Ayurved ...
Coforge shares fall over 3%. What are Jefferies, Emkay saying after Chairman, independent director exit?Coforge shares fell after independent director and NRC chairperson DK Singh resigned, days after chairman OP Bhatt stepped down, raising co...
Coforge appoints Egon Zehnder to recruit two independent directorsCoforge is hiring Egon Zehnder to find two new independent directors. This follows the recent resignations of its chairman and a committee ...
Indian moves to US for job, forgets to file ITR, Income Tax Dept imposes Rs 8.29 lakh penalty; ITAT Jaipur cancels penalty and gives full reliefIndian employee working in US imposed with Rs 8.29 lakh penalty for missing to file ITR after moving to US; ITAT Jaipur cancels penalty and...
Safety can't be reduced to paperwork, says Delhi CM Rekha GuptaDelhi's Chief Minister Rekha Gupta announced mandatory building safety audits after a recent collapse. The city aims for electric mobility ...
Sebi imposes Rs 2 lakh penalty on Emami Realty for regulatory lapsesSebi has imposed a Rs 2 lakh penalty on Emami Realty for regulatory lapses involving a related-party loan and the classification of investm...
ICAI explores PE funding for consultancy, accountingThe Institute of Chartered Accountants of India is exploring private equity investment in non-audit accounting services. This move aims to ...
Missed August 31 ITR deadline? Know what ITR 3 and ITR 4 filers can do nowITR deadline: By the end of August 31, 2026, over 7.8 crore individuals completed their income tax return submissions. Those who did not fi...
Record 7.8 crore ITRs filed for AY26-27 as August 31 deadline endsOver 7.8 crore Income Tax Returns were filed for AY 2026-27 by August 31. This marked the close of the revised statutory deadline for non-a...
Who needs to file ITR by August 31, 2026 for AY 2026-2027? Check what happens if ITR filing deadline is missedITR Deadline: The deadline for filing Income Tax Returns (ITR) for taxpayers with non-audit business or professional income is August 31, 2...