Order under section 119 of the Income-tax Act, 1961 allowing condonation in filing Form 10B and 10BB for AY 23-24
trusts / institutions which have furnished audit report on or before 31st October, 2023 in Form No. 10B where Form ...
Tuesday, September 17, 2024
Tag: tax audit
Is penalty for delay in filing Tax audit report compulsory? | 1.5 lakh penalty for delay in filing Tax Audit report
The amount prescribed for delay in filing Tax audit report is mentioned under Section 271B of the Income Tax Act ...
Extension of time limit for Tax audit of trust and file Form 10B and Form 10BB and ITR 7
Due date for Form 10B and Form 10BB has been extended to 31st October 2023 from 30th September 2023. Further, ...
Turnover limit for Tax audit is Rs. 1 crore or Rs. 10 crore under section 44AB of the Act
If both the conditions are fulfilled then the assessee won't be required to conduct tax audit even if turnover exceeds ...
Definition of turnover in relation to F&O and intraday as per Revised guidance note of ICAI on Tax audit for 2023
Premium received on sale of options is also to be included in turnover. However, where the premium received is included ...
Relaxation in filing Form 10 for accumulation till the due date of filing Income tax return [Read circular]
However, the accumulation/deemed application shall not be denied to a trust as long as the statement of accumulation/deemed application is ...
Due date to complete Tax audit of Trust is 31.08.2023 and not 30.09.2023. Here’s why?
Hence, to file Form 10 till 31.08.2023 the trust has to finalize it's books of accounts also till 31.08.2023 and ...
Now all the trust have to get their books of accounts audited under Income Tax Act. Here’s why?
Accordingly, the maximum amount not chargeable to tax for the purpose of Section 12A(1)(b) would now be Rs. 1 as ...
CBDT extends due date of filing Audit reports under Income tax [Official]
CBDT extends the due date for filing of various reports of audit for Assessment Year 2022-23 from 30th September, 2022 ...
FAQ’s for Form 3CA-3CD/3CB-3CD issued by CBDT on 27.09.2022
Now 2 days are left for the due date of Tax audit i.e. 30.09.2022 and CBDT has now on 27.09.2022 ...
ICAI releases updated guidance note on Tax audit under section 44AB along with clause 44 of Form 3CD
ICAI has also talked about Clause 44 of Form 3CD in its guidance note on Tax audit - 2022 edition, ...
Clause 44 of the Tax Audit Report will be applicable for AY 2022-23 | Here’s why
The amendment and insertion of clause 44 in Tax Audit report was first introduced in 3CD in 2018. The existing ...
FAQ on various Statutory Forms & other Forms released by Income tax e-filing website
In this post we shall discuss about some FAQ in relation to various audit and other forms which one needs ...
AVAILABILITY OF AUDIT REPORTS AND PROCESS FLOW OF FILING AUDIT REPORT ON e-FILING 2.0
In this post we shall discuss about the flow of process to file various forms on the new e-filing portal ...
Tax audit due date extended to 15.02.2022 by Income tax department from 15.01.2022
Further in case of tax audit under 92E cases also the date has been extended from 31.01.2022 to 15.02.2022.
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GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
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How to pay Membership and COP fees of ICAI for 2020-21 |
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Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
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Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020
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SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
- Recommendations during 54th meeting of the GST Council [Read press release]
- Statutory Audit of Capital Work-in-Progress (CWIP) in Indian Companies [Company law]
- Statutory Compliance Calendar for September 2024 | Income tax, GST and various other laws
- Introduction of RCM Liability/ITC Statement
- Advisory for furnishing bank account details before filing GSTR-1/IFF Notification No. 38/2023 – Central
- FAQ released by Income tax department regarding comparison of ITR and tax audit
- CBDT issues clarification in respect of Income-tax clearance certificate (ITCC)
- Statutory Audit of Intangible Assets in Indian Companies [Company Law]
- FAQ on income tax return released by income tax return for defective return – AY 2024-25
- Statutory Audit of Property, Plant, and Equipment (PPE) in Indian Companies [Company law]
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