Using a random selection method, the National Board of Revenue (NBR) has chosen 15,494 income tax case files for audit, aiming to detect potential tax evasion. To keep this audit ongoing, 0.5% of the ...
Income tax refund FAQs 2025: 10 big questions and answers for taxpayers (AI generated image) The ITR filing deadline (for non-audit cases) for Assessment Year 2025-26 has recently ended. Now, most ...
Income Tax audit deadline extension: The deadline to submit an income tax audit for audit reports for the year 2024-25 has been extended to October 31, 2025, from the previous deadline of September 30 ...
Tax audit requirements for AY 2025-26, as explained by Chartered Accountant Abhishek Soni, co-founder of Tax2Win in an ET report, fall under Section 44AB and apply to:- Businesses with turnover above ...
The Income Tax Department recently extended the deadline for submitting income tax audits to October 31, 2025, from the original due date of September 30, 2025. This extension came after requests from ...
The Income Tax Department on Wednesday extended the deadline for filing income tax returns (ITRs) for corporates and assessees requiring an audit for the assessment year 2025–26 to December 10. CBDT ...