News

Haryana State Tax Bar Association has urged the Finance Ministry and CBDT to extend the Tax Audit Report due date for AY 2026-27 beyond 30 September 2026, preferably by at least 30 days, citing heavy compliance workload, transition-related challenges and portal issues

Haryana State Tax Bar Association Demands 30 Days Tax Audit Due Date Extension

The Union Cabinet has approved the Ministry of Labour and Employment's proposal to enhance the EPFO wage ceiling from Rs 15,000 to Rs 25,000 per month.

Govt Enhances EPFO Wage Ceiling from Rs 15,000 to Rs 25,000; Over 51 Lakh Employees to Fall Under Scope

Judgement

Delhi ITAT grants relief after an accountant mistakenly selected the old tax regime in the ITR despite the tax being calculated under the new regime.

Accountant’s Mistake in Selecting Old Tax Regime Cannot Trigger Extra Tax Burden, ITAT Directs Fresh Computation Under Section 115BAC

September 30 TAR filing deadline for the AY 2026-27 is approaching fast; here's experts' advise for taxpayers subject to their account audit. 

Will TAR Deadline for AY 2026-27 Be Extended Beyond September 30? Here's Experts' Advise 

ITAT sets aside the Section 80G rejection and directs the tax authority to reconsider the application afresh after an inadvertent coding error.

ITAT Gives Fresh Chance for Section 80G Approval After Application Was Rejected Over Wrong Code

The ITAT Mumbai holds transfer of closing balance between assessee’s bank accounts cannot be treated as unexplained credit.


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Haryana State Tax Bar Association Demands 30 Days Tax Audit Due Date Extension

Govt Enhances EPFO Wage Ceiling from Rs 15,000 to Rs 25,000; Over 51 Lakh Employees to Fall Under Scope

Accountant’s Mistake in Selecting Old Tax Regime Cannot Trigger Extra Tax Burden, ITAT Directs Fresh Computation Under Section 115BAC

Will TAR Deadline for AY 2026-27 Be Extended Beyond September 30? Here's Experts' Advise

ITAT Gives Fresh Chance for Section 80G Approval After Application Was Rejected Over Wrong Code

ITAT Deletes Section 68 Addition After Assessee Proves Bank-to-Bank Transfer