Searched for
TAX AUDIT MODIFICATIONS
Nestle India pays Rs 1,024.5 crore licence fee to Swiss parent entity in FY26Nestle India's royalty payments to its Swiss parent surged by 13.91% to Rs 1,024.5 crore in FY26. Despite this increase, shareholders previ...- Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changedNew tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for educatio...
- EPFO guidelines for international workers: Govt lays down procedure to transfer EPF amount to foreign accountsThe Employees Provident Fund Organisation has simplified rules for international workers. Payments can now be made directly to overseas ban...
- 7 ways income tax filing will be impacted after Budget 2026Budget 2026 introduces significant changes to income tax filing from April 1, 2026. Revised ITR forms will simplify compliance. The deadlin...
- ITR filing deadline: What is the last date for filing returns for taxpayers not requiring an audit?ITR deadline for non-audit taxpayers: The process of filing ITR for FY 2024-2025 has become more complex due to changes in the capital gain...
- 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 is the deadline to file a revised income tax audit report? When can you submit a revised tax audit report?Revised tax audit deadline: You have to file an tax audit report on or before October 7, 2024. "For the current assessment year of 2024-25,...
- GST Council adopts GoM report on setting up tribunals with modificationsThe panel has suggested that the tribunals should consist of two judicial members, and one technical member each from the Centre and states...
- Why ease of compliance is still missing from cross-border trade and how Budget 2022 can address itTrade needs to use tech extensively to control various documentations related to cross-border trade, which will help comply with the provis...
- How audit trail can lead to increased compliance and transparencyThe purpose to go behind the audit trail is to facilitate employer compliance along with enhancing the enforcement of the law to bring more...
- Industry bodies urge RBI to put off new audit rulesConfederation of Indian Industries (CII), Assocham, and Finance Industry Development Council (FIDC) have all written to the central bank ab...
- I-T department proposes to seek more details on foreign donations from trustsThis is the first time in over 45 years that the audit report for trusts/institutions are proposed to be amended.
- How new LTCG tax with STT violates three basic principles of taxationThe problem with the proposals is that they incrementally modify what is there. They will come up for revisions and modifications as argume...
- Single GST form likely for service providersThe GST Council is expected to consider on January 18 significant relaxation in the law and procedures, including a centralised registratio...
- CAG wants provision in GST law to seek any info for auditThe GST Council had in its meeting last month decided to keep out a provision from the Draft Model GST Law giving CAG powers to call for an...
- Nasscom bats for easier startup regulationsNasscom has made a strong pitch for an easier set of rules for startups seeking simpler norms for registration, taxation and exit.
- Government notifies new accounting standards for computing business incomeThe government today notified new accounting standards for computation of business income, which will ensure consistency and help minimise ...
- CAG pulls up CAs for incorrect income tax informationThe report also said that CAs failed to give correct information relating to allowance of depreciation in 66 cases involving short levy of ...
- CAG pulls up CAs for incorrect income tax informationA CAG report said their failure to submit correct tax information resulted in levying of lower taxes by as much as Rs 2,813.11 crore in 367...
- Govt initiates moves to achieve 8% growthThe government has initiated several measures including setting up of Urban Reform Incentive Fund and Power Sector Development and Reform F...
Load More
