The Income Tax Department has reminded taxpayers that the deadline for filing the Tax Audit Report (TAR) is September 30, 2025. Under Section 44AB of the Income Tax Act, 1961, specific categories of ...

The deadline to submit Income Tax Audits for the financial year 2024-25 is Sept. 30. This comes weeks after the due date to file income tax return (ITR) for most salaried individuals, Hindu Undivided ...

The new rules replace old form numbers with a structured sequence across categories. The update simplifies compliance and improves clarity in tax ...

A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. The IRS wants you to “disclose” if you do not have ...

Taxpayers are typically worried they'll get audited for making mistakes on their returns, but audits are historically rare. The Trump administration reduced the number of IRS employees, so there is a ...

After vowing in September to "substantially" reduce audits on a low-income tax credit, the IRS confirmed it's taking steps to address the inequity. "We've announced a significant and dramatic ...

Starting April 1, 2026, new Income Tax Act and Rules bring significant changes for Tax Year 2026-27. Key updates include extended ITR due dates for certain taxpayers, revised timelines for updated and ...