Day: October 10, 2025
Tax Audit Requirement in India for FY 2024-25 (AY 2025-26) – CACube
Clipped from: https://cacube.in/tax-audit-requirement-in-india-for-fy-2024-25-ay-2025-26/ A tax audit ensures transparency in income reporting and compliance with the Income Tax Act, 1961. Whether you are a business owner, professional,
*******Books of Accounts Under Section 44AA of Income Tax Act
Clipped from: https://cleartax.in/s/books-of-accounts-and-audit-requirements-for-freelancers The Income Tax Act has specified the books of accounts that are required to be maintained for the purpose of Income Tax. These have
*******Presumptive Taxation, Book-Keeping & Audit: Sections 44AB, 44AD, 44ADA
Clipped from: https://taxguru.in/income-tax/practical-guide-presumptive-taxation-book-keeping-audit-sections-44aa-44ab-44ad-44ada.html For India’s small and medium enterprises (SMEs) and professionals, mastering the provisions of Sections 44AA, 44AB, 44AD, and 44ADA is fundamental to ensuring
Voluntary Tax Audit u/s 44AB of Income Tax Act, 1961. Is it possible ?
Clipped from: https://taxguru.in/income-tax/voluntary-tax-audit-u-s-44ab-income-tax-act-1961.html Today we will discuss whether one can get Tax Audit Report u/s 44 AB of the Income Tax Act, 1961 and can e
Opted for Voluntary Audit? Enjoy extended ITR filing deadline – Taxmann
Clipped from: https://www.taxmann.com/research/income-tax/top-story/105010000000026549/opted-for-voluntary-audit-enjoy-extended-itr-filing-deadline-experts-opinion Meenakshi Subramaniam Former IRS officer There is good news for LLPs, across the country. Those who do audit, without being required, can file
Medical negligence: Documentation, expert opinion key to court success | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/medical-negligence-documentation-expert-opinion-key-to-court-success-125092500946_1.html The complaint must be filed in the right forum and within the limitation period Paliwal notes that landmark judgments from the Supreme Court
Tax audit deadline moved to Oct 31: Who needs to follow process, why | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/tax-audit-deadline-moved-to-oct-31-who-needs-to-follow-process-why-125092600558_1.html Tax audit deadline: One month more give to businesses and professionals after representations from industry groups When Tax audit Last Date Listen to
It will cost more to update Aadhaar card information: Know new fees here | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/it-will-cost-more-to-update-aadhaar-card-information-know-new-fees-here-125100200327_1.html UIDAI increases fee for biometric updates from Rs 100 to Rs 125, will review charges in Oct 2028 Photo: Wikimedia Commons Listen to
Thinking of withdrawing large amount of cash? Here’s when taxes can kick in | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/thinking-of-withdrawing-large-amount-of-cash-here-s-when-taxes-can-kick-in-125100700845_1.html If you’re planning large cash withdrawals, be mindful of the TDS rules under Section 194N – your bank could deduct tax once your
Update children’s Aadhaar biometrics for free: Process, criteria explained | Personal Finance – Business Standard
lipped from: https://www.business-standard.com/finance/personal-finance/update-children-s-aadhaar-biometrics-for-free-process-criteria-explained-125100700851_1.html Data is needed during school admissions, entrance exams and to avail certain government schemes Photo: Wikimedia Commons Listen to This Article Parents and
Section 54F: The little-known route to saving big on capital gains tax | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/section-54f-the-little-known-route-to-saving-big-on-capital-gains-tax-125100700864_1.html A closer look at Section 54F, the legal tax strategy letting Indians cut capital gains tax by reinvesting sale proceeds into residential property
Asset split in divorce: Courts presume equal ownership of joint assets | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/asset-split-in-divorce-courts-presume-equal-ownership-of-joint-assets-125100900949_1.html They increasingly recognise the wife’s non-monetary contributions such as homemaking and childcare when dividing assets Delhi HC rules husband cannot claim sole ownership