Compare Income-tax Act 1961 and 2025 section numbers for deductions, TDS, TCS, capital gains, tax audit, returns, exemptions ...

CESTAT Kolkata sets aside ₹1.19 crore GTA service-tax demand as recipients paid under RCM; interest and section 78 penalty ...

Summary The ITAT Mumbai's ruling in Eye Focus Entertainment Vs ITO (ITAT Mumbai) for AY 2022-23 offers authoritative clarity on two frequently ...

The September 30 deadline for taxpayers to submit tax audit reports is approaching, with no extensions granted yet. Here's the penalty for late filing.

The deadline for submitting tax audit reports for AY 2026-27 is September 30, 2026. Under Section 44AB of the Income-tax Act, 1961, taxpayers engaged in a business or specified profession are required ...

Extend Tax Audit Due Date: September 30 is deadline for filing tax audit reports for AY 2026-27. September 30 marks a major deadline for several compliance requirements, largely meant for businesses, ...

The Income Tax Audit deadline for AY 2026-2027 is September 30, 2026. Income Tax audit is mandatory for certain taxpayers because it helps to provide complete and accurate information about income, ...

The House Ways and Means Committee approved the Digital Asset Tax Certainty Act Wednesday, sending a proposal to overhaul crypto taxation to the full House. The committee announced the markup on ...

A bipartisan crypto tax bill, though narrowed from earlier versions, has cleared an important vote in the House of Representatives, even as the industry still reeled from the loss of its top ...

Section 44AD of the Income Tax Act, 1961 introduces a simplified taxation method for eligible small businesses, allowing them to calculate taxable income based on a fixed percentage of turnover. The ...

For taxpayers subject to a tax audit, two important deadlines are approaching for the Assessment Year 2026-27. Taxpayers need to submit their tax audit on Sept. 30. The due date to file the income tax ...