Income Tax : Understand the provisions of tax audit under Section 44AB of the Income Tax Act, including its objectives, applicability, prescrib...
Income Tax : Author note I was working on tax audit’s of one of my client’s, after submitting the report management wanted to make changes ...
Corporate Law : Background : Welcome to the blockbuster world of Tax Audit — where every figure has a backstory, every expense a mystery, and...
Income Tax : Form 3CD requires mandatory reporting on taxpayer identity, business status, accounting methods (ICDS), depreciation, inadmissible...
Income Tax : Summary of Section 44AB, 44AD, and 44ADA tax audit provisions, detailing turnover thresholds (₹1 Cr to ₹10 Cr), presumptive in...
Income Tax : Gujarat HC has directed CBDT to ensure that there is a mandatory one-month gap between date for furnishing tax audit reports (unde...
Income Tax : Rajasthan High Court granted a one-month extension for filing TARs under Section 44AB for AY 2025-26, citing delayed audit utility...
Income Tax : The Pune Chartered Accountants' Society has requested an extension for tax audit and ITR filing deadlines for FY 2024-25, citing t...
CA, CS, CMA : A Chartered Accountants' association requests an extension for tax audit and 12A renewal due dates, citing portal issues, festive ...
Income Tax : Laghu Udyog Bharati seeks extension of due date for filing Tax Audit Reports and ITR for AY 2025-26, citing portal issues, delays,...
Income Tax : ITAT Delhi allows Henna Industries' appeal, deleting a Rs. 9.30 lakh disallowance made by the CPC under Section 143(1), confirming...
Income Tax : HC directed CBDT to issue a circular extending due date for filing income tax returns to 30th November 2025, especially for taxpay...
Income Tax : The Gujarat High Court has issued notice to the Union of India, demanding an explanation for not extending the Income Tax Return (...
Income Tax : ITAT Kolkata ruled that the assessee’s double addition in the tax audit was a genuine error, dismissing Revenue’s appeal for A...
Corporate Law : Telangana High Court dismisses a bookie's appeal, affirming a Rs. 1 lakh penalty for failing to audit accounts despite a high turn...
Income Tax : CBDT Circular 15/2025 extends the AY 2025-26 ITR filing deadline for audited accounts from Oct 31 to Dec 10, 2025. Audit reports a...
CA, CS, CMA : ICAI sets limit of 60 tax audit assignments per CA or partner annually, effective from 1 April 2026, replacing earlier 2008 guidel...
Income Tax : CBDT amends Income Tax Rules, effective April 1, 2025, revising Form 3CD, MSME interest provisions, buyback reporting, and loan/de...
Company Law : NFRA issues order penalizing CA Pawan Jain and Mis Kumar Jain & Associates for lapses in issuing reports under Income Tax Act for ...
Income Tax : Read Circular 18/2023 from the Government of India Ministry of Finance. Learn about the extension of the filing deadline for Incom...
CBDT extended the Section 44AB tax audit specified date to Oct 31, 2025, without extending the Section 139 return filing due date. Is this extension ultra vires?
A summary of how the CBDT’s decision to extend the Tax Audit Report due date without extending the ITR date has eliminated the traditional one-month gap, causing compliance issues.
CBDT’s Circular 14/2025 extended the audit report date for AY 2025-26 to October 31, 2025. This move contradicts the IT Act’s design, which links the audit date to the return filing deadline, causing taxpayer uncertainty.
CBDT extended the Tax Audit due date to October 31, 2025 (AY 2025-26). Forms 3CA/3CB-3CD were updated with 71 changes, including mandatory reporting of MSME payment interest disallowance, legal contraventions, and ‘Amount Received’ (Clause 36B).
Rajasthan High Court granted a one-month extension for filing TARs under Section 44AB for AY 2025-26, citing delayed audit utility release and systemic e-filing portal glitches causing widespread hardship.
Rajasthan High Court petitioned for Tax Audit due date extension over e-filing portal glitches. CBDT holds power, but courts can direct relief citing technical hardship.
Tax audit due date extensions, while providing relief, highlight systemic issues for professionals. This article discusses the challenges faced by CAs and the need for unity.
The Pune Chartered Accountants’ Society has requested an extension for tax audit and ITR filing deadlines for FY 2024-25, citing technical glitches and festive season disruptions.
Learn about the five major changes to Income Tax Form 3CD for Assessment Year 2025-26, including new reporting requirements for MSME payments, share buybacks, and loans.
A Chartered Accountants’ association requests an extension for tax audit and 12A renewal due dates, citing portal issues, festive season, and other delays.
