income tax audit

Section 44AB: Tax Audit under Income Tax

Post author:TAXVIC
Post published:August 28, 2023
Post category:Chartered Accountant Audit Compliance and Regulations Financial Reporting Indian Tax Laws Legal Tax Procedures Presumptive Taxation Scheme Professional Tax Audit Section 44AB Tax Audit
Reading time:7 mins read

As tax season approaches, individuals and businesses must be familiar with the numerous requirements of the Income Tax Act in order to ensure compliance and avoid penalties. The obligation for…

A Guide to Income Tax Return Filing in India: Important Dates and FAQs

Post author:TAXVIC
Post published:June 20, 2023
Post category:Advance Tax Payments Belated Tax Filing Financial Year and Assessment Year Important Dates and Due Dates Income Tax Audit Income Tax Filing Refunds and Returns Tax Compliance Tax Deadlines Taxation in India
Reading time:12 mins read

Filing income tax return is a critical responsibility for every Indian taxpayer. Understanding the due dates, fiscal year, assessment year, and other relevant aspects about income tax return filing is…