The Income Tax Department recently extended the deadline for submitting income tax audits to October 31, 2025, from the original due date of September 30, 2025. This extension came after requests from ...
The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act, according ...
The underfunded Internal Revenue Service has been relying on ancient technology to generate paper audits that target tax benefits, such as the Earned Income Tax Credit, for lower-income households.
The Income Tax Department on Wednesday extended the deadline for filing income tax returns (ITRs) for corporates and assessees requiring an audit for the assessment year 2025–26 to December 10. CBDT ...
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