Income Tax Notice Received? Types of Notices and What You Should Do
Before you react to any it notice, confirm it actually came from the Income Tax Department. Every valid income tax notice carries a Document Identification Number (DIN) — this is non-negotiable proof of authenticity.
Tax Audit Report Due Date Extended to 21 October 2026: What Changed and Who Benefits?
Here's the mechanic that a lot of people miss: under Section 44AB of the Income-tax Act, the "specified date" for furnishing a tax audit report is statutorily tied to fall exactly one month before the due date for furnishing the return under Section 139(1).
What Is a Tax Audit? Tax Audit Due Date, Limits, Section 44AB Eligibility
Section 44AB of the Income Tax Act, 1961 governs audit of income tax for businesses and professionals whose turnover or gross receipts cross a prescribed threshold. If your turnover is large enough, the law requires a Chartered Accountant to examine your books before you file your ITR.
Udyam Certificate Status Explained: What Does “Update Required”, “Active”, and “Invalid” Mean?
Udyam Registration has become the backbone of MSME recognition in India. Whether you are running a small manufacturing unit, a trading business, or a service enterprise, your Udyam Certificate is proof that your business is officially recognised as a Micro, Small, or Medium Enterprise (MSME). This recognition opens doors to […]