Tax Guru

CBDT extends due date of ITR & Tax Audit Report for Assessment Year 2025-26

Central Board of Direct Taxes (CBDT) has decided to extend the due date of furnishing of Return of Income under sub-Section ...

A new overtime wage tax deduction may be helpful, but it’s also creating headaches

The rule has limitations, and the IRS has yet to provide clear guidance on how companies should report qualified overtime ...

Income Tax Audit: After Rajasthan High Court order, will CBDT extend due date to file report? Explained

The Rajasthan High Court's Jodhpur bench has ordered the government and CBDT to extend the tax audit report due date from 30 September to 31 October. The next hearing will be on 27 October.
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Income tax audit due date extension: Rajasthan, Karnataka High Courts order CBDT to extend tax audit report deadline to October 31, 2025

In a major relief to taxpayers, the Rajasthan High Court’s Jodhpur bench in its interim order dated September 24, 2025 (Wednesday), directed the central government and the Central Board of Direct ...