The majority of business owners emphasize sales, profits, customers, and expansion. Yet another issue that should be taken into consideration concerns Income Tax Search & Seizure Rules. Lack of knowledge regarding these rules can make one feel stressed about tax investigation and face problems, including penalties and monetary loss. The present time has brought about … Read more
In case you are an NRI, or a returning NRI, you must be cognizant of the foreign assets disclosure rule for NRIs. It is quite common that many are confused on what to report, when to report and the impact of it on ITR filing. This is a guide that tells you all in simple … Read more
CBDT Extends Audit Report & ITR Filing Dates In welcome news for the taxpayers and professionals alike, the Central Board of Direct Taxes has now officially extended the due date for filing audit reports for F.Y. 2024-25 (A.Y. 2025-26). This extension has come after continuous representations by taxpayers, Chartered Accountants, and trade bodies moved the … Read more