Opening your inbox to find a communication from the Income Tax Department can instantly raise anyone’s heart rate. Whether you are an individual taxpayer, a startup founder, or a CFO managing enterprise accounts in commercial centers like Cyber City or Golf Course Road, receiving a tax notice is rarely pleasant. Yet, here is the reality: […]
Navigating annual financial verification in India often leaves business owners asking a fundamental question: if our company already completes an annual statutory audit, why do we need a separate tax audit? For founders, enterprise CFOs, and finance teams operating across key commercial hubs like Cyber City, Golf Course Extension, and Udyog Vihar, understanding this distinction […]
The last date for updating the Income-tax form with Unique Document Identification numbers (UDINs) on the e-filling portals has been extended to 31st January 2022 by The Central Board of Direct Taxes (CBDT). CBDT issued a press release on 26th November, 2021 that stated on making it mandatory to provide the Unique Identification Number (UDIN) […]