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The Income Tax Department has raided the premises of Information Technology Hardware maker Lenovo as part of Tax Evasion Investigation against the company and some of its associates.

Income Tax Department raids Lenovo for alleged Tax Evasion

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Individuals earning income from their businesses or professions must keep a variety of records in order to comply with income tax audit requirements.

List of Important Documents required for Tax Audit

A Chartered Accountant has shared his views on why tax audit due date hasn't extended this year and why #Extendduedateimmediately hasn’t trended this year?

Why Tax Audit Due date may not be extended this year?

Tax audit, as the name implies, is an inspection or review of the accounts of any business or profession carried out by taxpayers from an income tax standpoint.

Tax Audit Applicability for FY 2022-23

The Income Tax Department has released the updated version of Common Offline Utility for ITR Forms i.e. ITR-1 to ITR-4 on 22nd Sep, 2023.

Income Tax Dept issued updated Version of Common Offline Utility for ITR 1 to ITR 4

Income Tax Audit Due Date: Has the due date for submitting TAR Extended?

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