Tag: Tax Audit
Draft Income Tax Rules 2026 streamline books of account, audit reports, prescribed forms, timelines and electronic compliance. Detailed rule-wise guide for professionals and compliance teams.
Finance Bill 2026 proposes fixed fees for delayed tax audit reports, returns, and statements. Tax audit delay may attract a fee of up to Rs 1.5 lakh.
Tax professionals urge CBDT to extend tax audit and ITR deadlines citing portal glitches, delayed forms, and heavy compliance burden.
Discover why ICAI President asserts that only Chartered Accountants should perform tax audits. Also learn about ICAI's review group for Income Tax Bill 2025.
CBDT has extended the due date of filing of tax audit report u/s 139(1) of Income Tax Act, 1961 in respect of AY 2024-25 from 30th September 2024 to …