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Month: October 2025
Ready Reckoner of the Criteria for Tax Audit For AY 2025-26
Clipped from: https://taxguru.in/income-tax/ready-reckoner-criteria-tax-audit-ay-2025-26.html Tax audit under Section 44AB for Assessment Year 2025-26 hinges on turnover/receipts, the extent of digital transactions, and the use of presumptive taxation schemes (44AD/44ADA).
Is tax audit required if you incur a loss in F&O trading?
Clipped from: https://www.moneycontrol.com/news/business/personal-finance/is-tax-audit-required-if-you-incur-a-loss-in-f-o-trading-13565036.html Tax audit depends on the turnover from F&O trading. Turnover is a critical factor because tax audit is triggered only when turnover crosses
RBI to let lenders lock your smartphone in case of EMI skip? Here’s what Guv Sanjay Malhotra has to say – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/rbi-to-let-lenders-lock-your-smartphone-in-case-of-emi-skip-governor-sanjay-malhotra-clarifies-3995659/ The Reserve Bank of India (RBI) is considering a proposal to allow lenders to remotely lock the smartphones in case their owners default on EMIs
What are set off and carry forward losses? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-are-set-off-and-carry-forward-losses/articleshow/124177293.cms By setting off and carrying forward losses, you can bring down the taxable income and reduce the payable tax. If a taxpayer suffers
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