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Tax Audit

Latest Articles


Commonly Found Irregularities In Tax Audit Report

Income Tax : Learn about common irregularities in tax audit reports for AY 2023-24, including reporting gaps in Forms 3CA/3CB, SA 700, and sect...

December 13, 2024 31281 Views 0 comment Print

Managing Clashing Filing Deadlines of Government Forms for Professionals

CA, CS, CMA : Overlapping deadlines for MCA, tax audits, and GST filings are creating difficulties for professionals, leading to late fees and c...

October 1, 2024 453 Views 0 comment Print

Disallowances covered under Income-Tax Act and Reporting in Tax Audit

Income Tax : Learn about disallowances under Income Tax Act sections and their reporting requirements in Form 3CD during tax audits. Key provis...

September 29, 2024 4599 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 13527 Views 0 comment Print

Who is Required File Tax Audit Report before September?

CA, CS, CMA : Find out who needs to file a Tax Audit Report by September 30. Learn about the criteria, deadlines, and penalties for non-complian...

September 2, 2024 12036 Views 0 comment Print


Latest News


Over 34 Lakh Audit Reports Filed by Taxpayers till 7th October 2024

Income Tax : Over 34 lakh Audit Reports filed on the e-filing portal by October 7, 2024, showing a 4.8% increase from last year, according to t...

October 10, 2024 2640 Views 0 comment Print

Join 5-Day Live & Online Income Tax Audit Course with Practical Examples

Income Tax : Join our 5-day live course from Sept 8-12, 2024, for an in-depth understanding of tax audits under Section 44AB, with practical in...

August 23, 2024 1434 Views 0 comment Print

Tax Audit Under Income Tax Act: Detailed Live Course with Practical Insights – Starting Today

Income Tax : Join our live course from Aug 23-25, 2024, to master tax audits, including Form 3CD, financial statements, and GST, with practical...

August 19, 2024 3657 Views 0 comment Print

Representation on Equitable Allocation of Tax Audit Assignments

Income Tax : Read CAASs recommendations for fair tax audit allocation, ensuring auditor independence and quality. They suggested automated allo...

June 17, 2024 2550 Views 1 comment Print

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


Latest Judiciary


ITAT quashes section 271B Penalty as Assessee’s Bank Deposits Reflect Sales for Mother Dairy, Not Own Turnover

Income Tax : ITAT Delhi cancels ₹1,09,807 penalty u/s 271B for Ved Singh, acknowledging his commission-based income and reasonable belief on ...

November 10, 2024 690 Views 0 comment Print

Section 271B penalty quashed as Revenue Misinterprets Gross receipt of agent as Sales

Income Tax : ITAT Delhi rules on Sh. Nikki Tyagi's appeal against penalty under Sec. 271B for failure to audit accounts due to turnover limits....

November 10, 2024 480 Views 0 comment Print

Audit report submission Delay due to partners health issues: ITAT deletes Section 271B Penalty

Income Tax : ITAT Chennai deletes Section 271B penalty for audit delay due to partner's health issues in Balaji Logistics case. Learn about the...

August 1, 2024 351 Views 0 comment Print

Non-Tax-Audited Individual Exempt from TDS Deduction under Section 194C

Income Tax : ITAT Ahmedabad's verdict exempts individuals not subject to tax audit from TDS obligations, highlighting the Nilesh Patel vs DCIT ...

February 24, 2024 9810 Views 0 comment Print

ITAT Quashes Revision Order: Auditor’s Mistake in Tax Audit Report

Income Tax : Analysis of the ITAT Ahmedabad's ruling on Bharatbhai Makwana Vs PCIT. Delving into the implications of incorrect terminologies in...

August 30, 2023 1728 Views 0 comment Print


Latest Notifications


NFRA Penalizes CA Rs 50 Lakhs for Misconduct in Section 80JJA Report

Company Law : NFRA issues order penalizing CA Pawan Jain and Mis Kumar Jain & Associates for lapses in issuing reports under Income Tax Act for ...

January 3, 2024 52569 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 39372 Views 0 comment Print

CBDT extends due date for filing various Income Tax Audit reports

Income Tax : CBDT extends the due date for filing of various reports of audit for Assessment Year 2022-23 from 30th September, 2022 to 7th Octo...

September 30, 2022 12702 Views 1 comment Print

Income Tax Audit Due & ITR Due date for AY 2021-22 extended

Income Tax : On consideration of difficulties reported by taxpayers/stakeholders due to Covid & in e-filing of Audit reports for AY 2021-22...

January 11, 2022 111801 Views 1 comment Print

CBDT extends due dates of ITR & various Audit reports for AY 2021-22

Income Tax : The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st July, 2021 under sub-section (1) of...

September 9, 2021 96309 Views 5 comments Print


Writ in Hyderabad High Court for Extension of TAR/ITR Due Date

September 24, 2015 11677 Views 0 comment Print

This Writ is been filed by V. Nagendra Prasad an advocate and Tax Consultant from Hyderabad in Hyderabad High Court against the adamant attitude of CBDT and Finance Ministry in not extending the due of of Income Tax Return and Tax Audit cases , which is also been communicated vide its Press Release Dated 09th September 2015.

Delhi HC directs CBDT to issue Income Tax Return forms on time

September 24, 2015 10628 Views 0 comment Print

In a Historic/Landmark Judgment Delhi High Court in the case Avinash Gupta Vs. UOI has although not allowed extension of due date for filing ITR for AY 2015-16 but instructed the Govt. to ensure availability of forms for tax audit from the beginning of next assessment year.

Writ in Karnataka HC for Extension of TAR/ITR Due Date

September 23, 2015 13159 Views 0 comment Print

Karnataka State Chartered Accountant Society (KSCAA) & Sri.Raveendra S.Kore vs Union of India & CBDT (Karnataka High Court ), Writ Petition (WP) 41109/2015, 41110/2015. Updated on 28.09.2015- Hon’ble Karnataka high court directed CBDT to consider the representation of KSCAA by 29.09.2015. –

List of cases requiring Audit under Income Tax Law by 30th September

September 23, 2015 4479 Views 0 comment Print

Dear Taxpayer, It is found from the Return of Income e-Filed by you for AY 2014-15 you were liable to get your accounts audited under applicable sections of the Income Tax Act, 1961. The due date for e-Filing the return of income for AY 2015-16 together with the appropriate audit report(s) is 30th September, 2015. […]

ICAI Meeting with FM: No Concrete Decision on TAR/ITR Date Extension

September 23, 2015 13635 Views 0 comment Print

During Meetinf of ICAI president with FM, Hon’ble Finance Minister has assured to look into the matter. However, in the absence of any concrete decisions so far, the esteemed members of the profession are advised to put in their best efforts to comply with the prescribed due date i.e. 30th September, 2015.

Writ in Gujarat High Court for extension of ITR/TAR Due Date

September 23, 2015 23136 Views 0 comment Print

All Gujarat Federation of Tax Consultants vs. CBDT (Gujarat High Court), Special Civil Application No. 15075 Of 2015, Dated-15.09.2015. Update on 30.09.2015- Click here to Download Copy of Gujarat High Court Judgment – Update on 29.09.2015- Gujarat High Court directs CBDT to extend the due date for Filing of ITR to 31st October 2015. Also Read- Guajrat HC also Directs CBDT to extend due date to 31st October 2015

TAR/ITR Due Date – Writ in Punjab & Haryana High Court

September 23, 2015 20162 Views 0 comment Print

Vishal Garg & Ors. Vs. Union of India & Anr. (Punjab & Haryana High Court), CWP- 19770 -2015, Dated- 15.09.2015 High Court Directed CBDT to Extend due date of ITR from existing 30.09.2015 to 31st October 2015. Court also provided future guidelines for issuing forms. Check Link- Tar Audit/ ITR date extended to 31st October 2015

Extension of TAR/ITR Due Date- Writ in Rajasthan HC by CA Devendra Somani

September 23, 2015 4850 Views 0 comment Print

CBDT extends date only in Punjab, Haryana, UT of Chandigarh and Gujarat Update on 29.09.2015 – Case is been dismissed by High Court following the judgment of same court in the case of Rajasthan Tax Consultants Association & Anr Vs. UOI.  Update on 28.09.2015- As writ in the case of Rajasthan Tax Consultants Association & Anr […]

Writ in Rajasthan HC by RTCA for Extension of TAR/ITR Due Date

September 23, 2015 13343 Views 0 comment Print

Rajasthan Tax Consultants Association & Anr Vs. Union Of India & Anr (Rajasthan High Court, Jodhpur) , CIVIL WRIT NO. 11037 of 2015 , Dated -22.09.2015 Writ is been dismissed by Jodhpur Bench of Hon’ble Rajasthan High Court following judgment of Delhi High Court.

Delhi HC instructs CBDT to release ITR on or before 1st April

September 23, 2015 4403 Views 0 comment Print

Avinash Gupta V/s Union of India and Ors (Delhi High Court) , W.P.(C) 9032/2015 As per information received from Appellant CA Avinash Gupta, While hearing the above case on the matter of extension of due date of Tax Audit Report and Income Tax Return Filing, Hon;ble High Court has interalia issued directions to CBDT To notify ITR Forms on or before 1st day of the assessment year and to record reason for delayed release of ITR if it fails to release ITR on time.

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