Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The tax authority extended the specified date for furnishing audit reports under the Income-tax Act for the previous year 2024-25 (assessment year 2025-26) from 30 September 2025 to 31 October 2025 following representations from taxpayers and practitioners citing disruptions from floods and related hardships and pending court submissions; it noted the e-filing portal has been functioning and many tax audit reports and returns have already been uploaded, and a formal notification implementing the extension will be issued separately.
The tax authority extended the specified date for furnishing audit reports under the Income-tax Act for the previous year 2024-25 (assessment year 2025-26) from 30 September 2025 to 31 October 2025 following representations from taxpayers and practitioners citing disruptions from floods and related hardships and pending court submissions; it noted the e-filing portal has been functioning and many tax audit reports and returns have already been uploaded, and a formal notification implementing the extension will be issued separately.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
