Income Tax Articles

Statutory Tax Compliance Tracker - October 2025

CS Lalit Rajput 03 October 2025 at 09:21

Check key Income Tax and GST compliances & Due dates for October 2025

Budget 2025: Why Most Taxpayers Now Prefer the New Tax Regime

Pranab Banerjee 03 October 2025 at 06:25

Budget 2025 has made the New Tax Regime more attractive with higher rebates, lower rates, and simpler filing. Compare the New vs. Old Tax Regime and see why most taxpayers now prefer the new system in FY 2025-26.

Tax Audit Limit for AY 2025-26

Poojitha Raam Vinay 29 September 2025 at 15:07

Know when a tax audit u/s 44AB is required, audit report deadlines, penalties and compliance rules under the Income Tax Act.

Audit Reports Deadline Pushed to 31 October and ITR to 30 November

Mitali 27 September 2025 at 12:44

Tax audit due date extended to October 31, 2025 which means ITR filing deadline for audited taxpayers to be 30 November 2025.

Income Tax Filing in India: Why Timely Compliance Matters

Munivel 27 September 2025 at 08:35

Learn everything about Income Tax Returns (ITR) in India - types of ITR forms, why filing is important, benefits like refunds & loan approvals, and common mistakes to avoid. Stay compliant and file accurately.

Optional Tax Regime u/s 115BAC: Exemptions & Deductions Not Allowed

Pranab Banerjee 26 September 2025 at 08:42

Confused between the old vs the new tax regime? Section 115BAC offers lower slab rates but removes most exemptions. Learn benefits, drawbacks and who should opt in.

One-Time Interest Waiver for New Tax Regime Tax Demands

Mitali 25 September 2025 at 17:18

CBDT issues circular waiving interest on tax demands. Pay before 31st December 2025, to get this relief.

Karnataka High Court Extends Tax Audit Deadline: Courts vs CBDT - Big Update

Mitali 25 September 2025 at 13:50

The Karnataka High Court has directed CBDT to extend the tax audit due date from 30 Sept to 31 Oct 2025. With similar orders from other High Courts, taxpayers await CBDT's official notification to avoid penalties.

Why Income Tax Refunds Are Being Delayed: What You Can Do?

Poojitha Raam Vinay 24 September 2025 at 16:50

Wondering why your income tax refund is delayed? Learn common reasons like data mismatches, incomplete bank details, or scrutiny of high-value transactions, and find out how to track, fix, and speed up your refund process.

Income Tax Audit AY 2025-26: Form 3CD's 5 Most Important Changes Explained

gstregistration.co 24 September 2025 at 08:30

Form 3CD for AY 2025-26 has key changes - detailed MSME payment reporting, share buyback disclosure, settlement expense rules, coded loan reporting and presumptive tax for cruise operators. Learn what CAs and taxpayers must know to stay compliant.