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In response to a plea filed by KTC (India), a travel & tour’s operator, against the Special Audit notice of GST, the Delhi High Court has recently issued a notice asking Centre to declare Rule 5A of the Service Tax Rules, 1994 as unconstitutional and inoperative.
The Comptroller and Auditor General (CAG) recently reported that the CBIC is struggling with a significant shortage of staff for its auditing teams. As of July 1, 2024, nearly 38% of the positions are unfilled. This lack of personnel is causing delays and gaps in the audits that the CBIC plans to conduct. The crucial […]
The Karnataka High Court has cancelled a GST demand order that was issued without the real estate developer from Mangaluru being present. This decision helps the developer by overturning the order that ordered them to pay a tax amount. The court held that the same officer could not issue audit observations and adjudicate GST show-cause […]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) validated the deletion of an addition of ₹2,16,27,822 made u/s 69A of the Income Tax Act, 1961, due to a mismatch between the commission and other income reported in the books and the figures specified in Form 26AS. The taxpayer, Samarth Lifestyle Retailing Pvt. Ltd., […]
For the tax audit report (TAR), CBDT has extended the last date to November 10, 2025, and the income tax filing return (ITR) to December 10, 2025, for specified tax audit cases. Specific classes of taxpayers are skipped by the income tax department from this extension, which implies that those excluded will still need to […]
On October 29, the Central Board of Direct Taxes (CBDT) extended the last date for filing the ITRs and audit reports for the AY 2025-26, given the relief to the taxpayers and professionals. The amended due dates for filing the audit reports and ITR are November 10 and December 10, respectively. The taxpayers, before the […]
The Punjab and Haryana High Court has given a warning to the Central Board of Direct Taxes (CBDT) for not following the order of the High Court on October 13, 2025, which asked for an extension of the income tax return (ITR) filing due date for audited cases. The court said that the continued inaction […]
The Bhilwara Tax Bar has filed a case in the Rajasthan High Court, invoking Article 226 of the Constitution. The petition requests an extension to the September 30 deadline for submitting Tax Audit Reports (TAR) for the assessment year 2025-26. This move highlights the association’s efforts to seek more time for compliance with tax regulations. […]
People are wondering whether the due date of Income Tax Returns (ITRs) and Tax Audit Reports (TAR) for September 15 will be extended by the government. CAs and professionals appealed to the Income Tax Department to permit the extension of the deadline during the peak of the filing season, to have precise and error-free compliance. […]
