Articles

ICDS were issued by the Government of India in the exercise of powers conferred to it under section 145(2) of The Income Tax Act, 1961.

Draft Disclosures of ICDS for AY 2024-25

A tax audit is an assessment of accounts for income tax purposes to guarantee accuracy. This Article contains various relevant certifications in relation to the Tax Audit.

Draft of other Relevant Certificates in Relation to Tax Audit

The Finance Act 2023 inserted Section 43b(h). Any disallowance u/s 43B(h) is required to be reported in Clause 22(ii) of Form 3CD.

Suggestive Reporting in Tax Audit Form for Disallowance under Section 43b(h)

News

PC Jeweller Ltd, a jewellery vendor, announced on Tuesday (September 10) that it has received an income tax refund of Rs.67.54 crore.

PC Jeweller receives IT Refund of Rs.67.54 crore from Tax Department

The Income Tax Department has been sending notices to former employees of edtech startup Byju over unpaid TDS matters.

Tax Department sends Notices to the Employees of Byjus for wrongful claim of TDS

Tax Department sends Notices to Employees of Byjus for wrongful claim of TDS

Many Indian firms had tremendous profitability in the financial year 2023, with many emerging as key taxpayers. Report says, approximately 20 Nifty 50 companies exceeded their annual EBITDA expectations.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Draft Disclosures of ICDS for AY 2024-25

Draft of other Relevant Certificates in Relation to Tax Audit

Suggestive Reporting in Tax Audit Form for Disallowance under Section 43b(h)

PC Jeweller receives IT Refund of Rs.67.54 crore from Tax Department

Tax Department sends Notices to Employees of Byjus for wrongful claim of TDS

Top 10 Companies Paying Highest Tax in India