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section 44AB

Latest Articles


Due Date Compliance Calendar for month of October 2024

CA, CS, CMA : Stay compliant with key September 2024 deadlines for GST, Income Tax, and ROC filings. Avoid penalties with this essential due dat...

October 3, 2024 4848 Views 0 comment Print

Income Tax Deductions allowable to tax payer

Income Tax : Explore allowable tax deductions for AY 2025-26, covering salaries, house property, business, and personal expenses. Maximize your...

September 7, 2024 1827 Views 0 comment Print

Clause wise Items reportable in Tax Audit Report (Form 3CA/3CB/3CD)

Income Tax : Understand key reporting requirements for Tax Audit Reports under Sections 44AA and 44AB, including forms, clauses, and disclosure...

September 2, 2024 13716 Views 0 comment Print

Income Tax audit under section 44AB​: FAQs

Income Tax : Learn about tax audit under Section 44AB, including objectives, requirements, forms, and penalties for non-compliance....

August 28, 2024 1262672 Views 54 comments Print

Presumptive Taxation Scheme: Meaning, Eligibility & Implications

Income Tax : Understand presumptive taxation schemes under sections 44AD, 44ADA, and 44AE, including eligibility, computation, and maintenance ...

August 26, 2024 153084 Views 19 comments Print


Latest News


Request for Form 10B and Form 10BB Relaxation & due date Extension

Income Tax : Chamber of Tax Consultants seeks an extension for filing Form 10B and Form 10BB while requesting relaxation of requirements. Detai...

October 27, 2023 34101 Views 0 comment Print

Guidance Note on Tax Audit under Section 44AB

Income Tax : Explore the latest 2023 revision of the ICAI's Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961. Learn ab...

September 5, 2023 137157 Views 0 comment Print

Income Tax Audit Clinic

Income Tax : Members may to raise any issues related to Tax Audit where elucidation, clarification or further elucidation is desired at email i...

September 20, 2022 1485 Views 0 comment Print

Abolish requirements of reporting under Clause 44 of Tax Audit Report: CASS

CA, CS, CMA : Representation to CBDT on information sought from Tax Auditors under Clause 44 of Form 3CD and request to abolish this requirement...

August 25, 2022 9882 Views 1 comment Print

Representation to scrap Clause No. 44 of Tax Audit Report (Form 3CD)

Income Tax : Representation requesting to scrap  Clause No. 44 of  Tax Audit Report (Form 3CD) under the Income Tax Act, 1961...

August 18, 2022 14886 Views 3 comments Print


Latest Judiciary


Valuation of finished goods after following stock ageing effect justifiable

Income Tax : The assessee is engaged in the business of Manufacturing & Trading of Sarees, Salwar Suites and Dress Materials. A survey u/s 133A...

February 27, 2025 162 Views 0 comment Print

Amortization of Mining Lease Charges Allowed Under Section 35: ITAT Jaipur

Income Tax : Assessee being a subsidiary of M/s. Rajasthan State Mines and Minerals Ltd. (RSMML) (a Government of Rajasthan Undertaking). It en...

February 23, 2025 195 Views 0 comment Print

Addition of Unexplained Cash Deposit was sustained at 25% on basis of reasonable estimate

Income Tax : Aggrieved by the order passed by AO, assessee moved on with an appeal to CIT(A), where assessee challenged the reopening of the as...

February 18, 2025 189 Views 0 comment Print

Penalty u/s. 271B deleted as reasonable cause shown: ITAT Bangalore

Income Tax : ITAT Bangalore held that penalty under section 271B of the Income Tax Act for delay in uploading audit report set aside as reasona...

February 13, 2025 147 Views 0 comment Print

Section 271B Penalty Unfair if imposed Before Quantum Assessment: ITAT Agra

Income Tax : ITAT Agra held that confirming penalty under section 271B of the Income Tax Act before finalization of quantum assessment is unjus...

February 12, 2025 456 Views 0 comment Print


Latest Notifications


CBDT extends Due Date for Filing Form 56F for AY 2024-25

Income Tax : CBDT extends the due date for filing Form 56F under Section 10AA(8) and 10A(5) of the Income-tax Act, 1961, to March 31, 2025, for...

February 19, 2025 8010 Views 0 comment Print

CBDT revises Form 3CD Tax Audit Report Format, Form 3CEB & Form No. 65

Income Tax : Stay updated with CBDT's Form 3CD Tax Audit Report Format, Form 3CEB & Form No. 65 revision. Learn about changes in tax audit rep...

March 5, 2024 36291 Views 0 comment Print

CBDT extends due date of Filing Audit report- Section 10AA(8)

Income Tax : Read Circular 18/2023 from the Government of India Ministry of Finance. Learn about the extension of the filing deadline for Incom...

October 20, 2023 39384 Views 0 comment Print

New reporting requirements in Form 3CD & Revision

Income Tax : CBDT has vide Notification No. 28/2021-Income Tax inserted new clauses in Form 3CD (Tax Audit Report) and also notified that Tax A...

April 1, 2021 39414 Views 1 comment Print

CBDT Defers GST & GAAR reporting till 31.03.2022

Income Tax : The Central Board of Direct Taxes (CBDT) deferred the Tax Audit Clause 30C and 44  till 31st Mar 2022 due to COVID-19. F.No. 3701...

March 25, 2021 38760 Views 1 comment Print


Memorandum for Extension of Due Date for filing of Income Tax Audit Report

January 5, 2022 23802 Views 4 comments Print

Direct Taxes Professionals’ Association (DTPA), Kolkata has made a representation for Extension of Due Date for filing of Income Tax Audit Report under Income Tax Act to Hon’ble Smt. Nirmala Sitharaman Ji, Union Minister of Finance, Ministry of Finance. Full Text of her representation is as follows:-  DIRECT TAXES PROFESSIONALS’ ASSOCIATION Income Tax Building, 3, […]

Request for Section 234F Late Fees waiver & extension of TAR/ITR due dates

January 5, 2022 22647 Views 0 comment Print

Tax Advocates Association Gujarat has made a Request for waiver of Late Fees under section  234 F of the Income Tax Act, 196 and extension of DUe Date for filing of audit report & audited Income Tax Return for A.Y. 2021-22. Full Text of their representation is as follows:- Tax Advocates Association Gujarat To, 1. […]

Representation regarding Extension of Income Tax Due Dates

December 31, 2021 22395 Views 13 comments Print

District Taxation Bar Association (Direct Taxes), Ludhiana has made a representation to FM Smt. Nirmala Sitharaman Ji and  requested for extension of time for filing income tax returns in the light of the issues and problems being faced by the Members & the Assessees. District Taxation Bar Association (Direct Taxes), Ludhiana Dated: 27.12.2021 To Smt. […]

Glitches on Income Tax Portal & request for due date extension

December 28, 2021 15645 Views 2 comments Print

The Chamber Of Tax Consultants has made a representation to Smt. Nirmala Sitharaman on Technical glitches in the Income-tax e-fining portal and  Requested for Extension of due dates for filing Return of Income. Full text of their representation is as follows:- THE CHAMBER OF TAX CONSULTANTS Date: 27th December, 2021 To, 1. Smt. Nirmala Sitharaman, […]

Request to Extend due dates under Income Tax Act & Companies Act

December 28, 2021 27720 Views 1 comment Print

Delhi Tax Bar Association has made a representation to Hon’ble FM Nirmala Sitharaman Ji and requested for Extension of Due Dates for Submission of Income Tax Returns and various Audit Reports under the Income Tax Act and Companies Act. DELHI TAX BAR ASSOCIATION Formerly Bar Association (Income Tax) (ESTD. 1954-55) G-09, CENTRAL REVENUE BUILDING, INDRAPRASTHA […]

Request to extend due date for filing ITR & TARs | AY 2021-22

December 27, 2021 53121 Views 7 comments Print

All Odisha Tax Advocates Association has requested FM to consider the genuine difficulties of the assessees and Tax Professionals and be generous to pass an order to extend the due date of filing of the return of income of the assessees to 28/02/2022 in place of 31/12/2021 and the TARs from 15/01/2022 to 28/02/2022 and […]

Extend due dates of ITR & Tax audit report submission

December 26, 2021 26724 Views 4 comments Print

Chandigarh Chartered Accountants Taxation Association has made a representation to Finance Minister for Extension of due dates of Income tax returns & Submission of Tax audit reports for FY 2020-21 (AY 2021-22) in view of Practical difficulties faced by taxpayers & tax professionals in filing Income tax returns, tax audit form. Full Text of their […]

Representation for extension of Income Tax due dates to Finance Ministry

December 25, 2021 33192 Views 3 comments Print

Synopsis of the Representation by ‘Bhayandar CA Social Group’ made for extension of due dates – To the Finance Ministry on 24-12-2021 We have not asked any extension of the due dates. We have asked for our fundamental right to be professionally engaged in the profession of the Chartered Accountancy by having seamless access to […]

Request for Extension of Due Dates under Direct Tax till 31.03.2022

December 25, 2021 32175 Views 3 comments Print

AIMTPA has made a request to FM for Extension of Due Dates under Direct Tax of all the Forms and Returns (Including Income Tax Returns, Tax Audit and Transfer Pricing Audit Report) till 31st March 2022 without any penal condition in view of unavailability of the I.T. Portal, various glitches and frequently changing schemas taking […]

Request for Date Extension for ITR/Tax Audit/GSTR9C/GSTR9

December 24, 2021 19473 Views 2 comments Print

District Tax Consultant’s Association, Chittorgarh has made a Request for extension of various due dates under Income-tax Act, 1961 for AY 2021- 22 and for filing the Annual Reconciliation Statement (GSTR9C) along with the annual return (GSTR9) for financial years 2020-21. Full Text of the representation is as follows:- DISTRICT TAX CONSULTANT’S ASSOCIATION Chittorgarh (Raj.) Email: […]

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