Chartered accountants will face a limit of 60 tax audits annually. The Institute of Chartered Accountants of India will ...

The GST Departmental Audit is an essential mechanism implemented by tax authorities to ensure transparency, accuracy, and ...

A detailed overview of Thailand’s tax system covering corporate income tax, BOI incentives, VAT rules, tax treaties, and ...

Mr. Trump has long feuded with officials over his own tax compliance. As a candidate in 2016, he said he had been under audit for years and believed it was “very unfair.” ...

The PPT is a key component of international tax regulations, a part of the base erosion and profit shifting (BEPS) framework. The PPT evaluates whether a business arrangement serves a legitimate ...

While an amended return alone is not a guaranteed audit trigger, certain red flags in your tax filings-whether original or amended-can increase your chances of being selected for review.

These red flags that can trigger an IRS tax audit are ‘low hanging fruit,' expert says By Kate Dore, CFP®, EA, CNBC • Published February 15, 2025 • Updated on February 15, 2025 at 8:59 am ...

CBDT clarifies PPT application, protecting past investments under India's tax treaties with Mauritius, Cyprus, and Singapore. If the primary purpose is tax-saving, treaty benefits can be denied ...

“The tax audit should have been completed by September 30, and filing can be done by October 7. Missing this deadline can lead to penalties under the Income Tax Act, 1961,” Mr Patnaik said, as ...

The deadline to submit the income tax audit report has been extended to October 7 from September 30. Income tax audit report is required to be submitted online on the e-filing ITR portal.

The Central Board of Direct Taxes extended the income tax audit report filing deadline to October 7, 2024, citing technical issues with the e-filing portal, providing relief to taxpayers who could ...

According to the TIGTA, the IRS has only made "limited progress" in figuring out how to comply with the $400,000 tax audit directive. Here are some of the issues. Defining “income.” ...