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Belated ITR filing AY 2025-26: Will you get interest on income tax refund due amount?
The deadline to file the income tax return (ITR) for AY 2025-26 in non-audit cases ended last month on 16th September. Now, taxpayers whose accounts do not
Many property sellers have to pay 3.5 times more TDS and TCS due to issues with Income Tax TDS, TCS rules; Five such I-T rules need overhaul
The Income-tax Act, 2025 (New Act) marked a historic shift from the Income-tax Act, 1961 (Old Act) by eliminating provisos and explanations, making substantive law
Few Indian doctors trained in brain death certification, Aiims study finds https://mybs.in/2eqmVKH Download the BS App https://mybs.in/apps for more insights.
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
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