Latest Amendments in Tax Audits 2025–26 Form 3CD Changes · New Income-tax Act 2025 · Section 44AB & 63 · AY 2026-27 Compliance Guide 1. Introduction India’s tax audit framework has undergone its most significant overhaul in decades. Two parallel legislative events — the Income-tax (Eighth Amendment) Rules, 2025 issued vide Notification No. 23/2025 dated […]
Category Archives: Income Tax
Income Tax is the tax which directly levy on income of any personal.Central Board of Direct tax manage all the things related Direct Tax.
VDA & Carbon Credit Receipts: Section 44AB Audit Checklist VDA & Carbon Credit Receipts: Section 44AB Audit Checklist A Step-by-Step Documentation Checklist for Auditing Virtual Digital Assets Under the Revised ICAI Section 44AB Exposure Draft FY 2025-26 ICAI Exposure Draft Section 44AB | 115BBH | 194S Carbon Credits | VDA | GST 📋 Table […]
New ITR Forms AY 2026-27: Key Changes, Mandatory Disclosures & Filing Guide NEW ITR FORMS FOR AY 2026-27 (FY 2025-26) Complete Guide to Key Changes, Mandatory Disclosures & Critical Reporting Columns Published: July 2026 | Category: Income Tax | Applicable: All Indian Taxpayers 📌 Quick Summary:CBDT notified all ITR forms (ITR-1 to ITR-7) on March 30, 2026 via the […]
Section 206C(1G) of the Income Tax Act: TCS on Foreign Remittances & Overseas Tour Packages (FY 2026-27 Guide) Section 206C(1G) of the Income Tax Act, 1961 requires banks (authorised dealers) and overseas tour operators to collect Tax Collected at Source (TCS) when a resident individual sends money abroad under the RBI’s Liberalised Remittance Scheme (LRS) […]
Income Tax · TDS · Provident Fund · 10 min read Section 192A: TDS on Your Provident Fund Withdrawal — and How It’s Taxed You’ve left a job, your EPF balance is sitting there, and pulling it out feels like the obvious move. Then a chunk vanishes to TDS, and a bigger question turns up […]