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Source: Business Standard 3 min read Last Updated : Sep 30 2024 | 3:49 PM IST The income tax department has extended the date for filing the audit report for 2023-24 by 7 days till October 7. The audit report must be filed online via the e-filing ITR portal. This extension is…
Source: Business Standard 4 min read Last Updated : Sep 30 2024 | 11:38 AM IST The income tax department has extended the deadline for submitting various audit reports for the assessment year 2023-24 to October 7, 2024. The original deadline was September 30, allowing taxpayers additional time to fulfil their compliance obligations. …
Source: Live Mint Tax audit extension: The Central Board of Direct Taxes (CBDT) has extended the due date for submitting income tax audit reports for the Assessment Year 2024-25 by seven days to October 7, 2024, citing technical issues on the e-filing portal. CBDT announced the deadline extension on September 29, a day before the…
Source: Business Standard 3 min read Last Updated : Sep 23 2024 | 5:16 PM IST Many taxpayers are waiting for their income tax refunds for the income tax return (ITR) filed for the financial year 2023-24 (assessment year 2024-25). However, can someone request an income tax refund from the Income Tax Department for…
Source: Business Standard 4 min read Last Updated : Sep 23 2024 | 11:28 AM IST The Central Board of Direct Taxes (CBDT) has recently released notification, saying the Direct Tax Vivad Se Vishwas Scheme 2024 will come into effect from October 1, 2024. This scheme seeks to minimise income tax litigation by offering…
Source: Live Mint The new scheme is meant to be faster and easier than filing an appeal with the Commissioner of Income Tax (Appeals) – CIT(A) – but one particular condition makes it the less attractive option and begs the question: is this just another toothless provision from the tax department? What is e-DRS? Until…
