According to sources, the audit will leverage Artificial Intelligence (AI) tools alongside advanced Microsoft Excel filters ...

ITAT Jaipur held that denial to allow the business loss stating the requirement of books of accounts to be audited is not justifiable since turnover during relevant period didn’t exceed the prescribed ...

The CBDT has announced extended compliance deadlines for taxpayers under audit provisions for Assessment Year 2024-25 due to ...

Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the ...

Ron Messenger, CEO of Grant Thornton’s audit business, is bullish on the practice’s future after a 2024 deal that sold a ...

Leading comms provider takes Manhattan headquarters of audit, tax and advisory firm to new levels of communication with a ...

In its statement issued on Wednesday, the CBDT said the due date for furnishing the Return of Income under sub-section (1) of Section 139 of the Income-tax Act, 1961 — originally set for October 31, ...

Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced ...

By Lee Sung-jin Vice commissioner of the National Tax Service Tax audits are often likened to a tug-of-war. The National Tax ...

Family trust compliance has become forensic genealogy, as tax laws threaten to destroy family wealth and small business ...

The CBDT has empowered the Income Tax Commissioner at Bengaluru's CPC to directly rectify assessment order mistakes under ...

Unlike in many other countries, honest taxpayers in Bangladesh often face higher taxes, harassment and injustice, and are ...