by Team SKM | Sep 26, 2025 | Income tax, News
Team SKM,Find out who needs to file an Income Tax Audit Report for AY 2025-26. Learn about turnover limits, due dates, penalties, presumptive taxation rules, and key changes in Form 3CD. Income Tax Audit Report AY 2025-26: Complete Guide As the tax filing season...
by Team SKM | Sep 13, 2025 | ITR, News
Team SKM, The Income Tax Return (ITR) deadline of September 15, 2025, is almost here, and taxpayers are being urged to act quickly. Filing ITR is not only a compliance requirement but also a way to protect your financial future. While timely filing offers multiple...
by Team SKM | Aug 7, 2025 | Income tax, News
The Income Tax Department has introduced critical changes to Clause 22 of Form 3CD for the ongoing tax audit season, focusing on timely payments to MSMEs (Micro, Small, and Medium Enterprises). Business entities undergoing audit under Section 44AB must now report both...
by Team SKM | Jul 25, 2025 | Companies Act 2013, News
In a significant move to enhance transparency and curb fraudulent practices, the Ministry of Corporate Affairs (MCA) has issued a new compliance requirement for One Person Companies (OPCs) and Small Companies filing their Annual Return (Form MGT-7A) on the V3 Portal....
by Team SKM | Jul 10, 2025 | Income tax, News
In a significant move aimed at enhancing digital security and taxpayer verification, the Income Tax Department of India has made Aadhaar OTP verification mandatory for e-filing on the income tax portal. This new directive applies to individuals filing Income Tax...
by Team SKM | Jun 26, 2025 | News
The Union Cabinet has approved the establishment of the South Asia Regional Centre (CSARC) of the International Potato Center (CIP) in Singna, Agra, with an investment of ₹111 crore. The decision, chaired by Prime Minister Narendra Modi, aims to strengthen India’s...
