Do you know all your big financial transactions are tracked by the Income Tax Department? From large cash transactions in bank accounts to credit card expenses, property purchases and sales and ...
All banks and specified financial institutions have to file a return to the income tax department known as the ‘Specified Financial Statement (SFT). The SFT return includes the details of all the ...
For AY 2025-26, businesses exceeding turnover limits and certain professionals must file tax audit reports by September 30, 2025, potentially facing penalties for delays. The Bombay Chartered ...
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